Tuan Sing Holdings HEFFX Highlights

Tuan Sing Holdings HEFFX Highlights

Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged in property development, property investment and hotel ownership. The Company’s segments include Property, which is engaged in the development of properties for sale, property investment and provision of property management services; Hotels Investment, which is engaged in the investments in hotels in Australia through Grand Hotel Group; Industrial Services, which is engaged in the trading and marketing of industrial commodities, distribution of tires and retreading of tires, as well as the manufacturing of polypropylene woven bags; Other Investments, which is engaged in the investments in Gul Technologies Singapore Pte Ltd (GulTech), a printed circuit boards (PCB) manufacturer with operations in Singapore and China, and Pan-West (Private) Limited (Pan-West), a retailer of golf-related products, and Corporate and Others, which is engaged in the provision of corporate-level services.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the upside.

The projected upper bound is: 0.41.

The projected lower bound is: 0.37.

The projected closing price is: 0.39.

TUAN SING HOLDIN closed unchanged at 0.390. Volume was 4% below average (neutral) and Bollinger Bands were 41% narrower than normal.

Open High LowCloseVolume
0.390.390.3850.39484,900

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

Moving Averages: 10-period 50-period200-period
Close:0.390.370.38
Volatility:132829
Volume:377,010621,470412,844

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.

Summary
TUAN SING HOLDIN is currently 1.4% above its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of TSHS.SI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on TSHS.SI and have had this outlook for the last 5 periods.

Momentum
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 100.0000. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 9 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 59.48. 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 15 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 36. This is not a topping or bottoming area. The last signal was a buy 9 period(s) ago.

MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 14 period(s) ago.

Candlesticks
During the past 10 bars, there have been 0 white candles and 1 black candles for a net of 1 black candles. During the past 50 bars, there have been 15 white candles and 9 black candles for a net of 6 white candles.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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