Total Access Communication PCL (BKK:DTAC) HEFFX Outlook (18/4/17)

Total Access Communication PCL (BKK:DTAC) HEFFX Outlook (18/4/17)

Total Access Communication PCL (BKK:DTAC) HEFFX Outlook (18/4/17)

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

The projected upper bound is: 44.76.

The projected lower bound is: 40.26.

The projected closing price is: 42.51.

TOTAL ACCESS closed down -0.250 at 42.500. Volume was 77% below average (consolidating) and Bollinger Bands were 53% narrower than normal.

Open         High          Low            Close         Volume
43.000      43.250      42.500      42.500      2,859,200

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period       50-period      200-period
Close:                      42.75               42.35              36.37
Volatility:               27                    34                    49
Volume:                  2,767,150      6,903,393      15,084,958

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

DTAC Summary
TOTAL ACCESS is currently 16.9% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of DTAC.BK at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on DTAC.BK and have had this outlook for the last 17 periods.

DTAC, Outlook, Asia, Thailand, BKK, HEFFX, Shayne Heffernan

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 52.9412. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.

Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 49.89. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 55 period(s) ago.

Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -42. This is not a topping or bottoming area. The last signal was a sell 10 period(s) ago.

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 6 period(s) ago.

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John Heffernan

John Heffernan is an Analyst at HEFFX. John is a BSc in Economics with Honors from the University of Buckingham, and is a contributor on equities at Live Trading News.

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