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.

By the way, prices are vulnerable to a correction towards 0.39.

The projected upper bound is: 0.43.

The projected lower bound is: 0.39.

The projected closing price is: 0.41.

TUAN SING HOLDIN closed down -0.010 at 0.410. Volume was 386% above average (trending) and Bollinger Bands were 61% wider than normal.

OpenHighLowCloseVolume
0.4150.4250.410.413,759,800

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

Moving Averages:10-period50-period200-period
Close:0.410.390.38
Volatility:282931
Volume:1,613,740962,474525,313

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 7.6% above its 200-period moving average and is in an upward trend. Volatility is high 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 bullish on TSHS.SI and have had this outlook for the last 13 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 75.0000. This is not an overbought or oversold reading. The last signal was a sell 0 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 56.42. 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 11 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 70. This is not a topping or bottoming area. The last signal was a sell 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 buy 2 period(s) ago.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 3 black candles. During the past 50 bars, there have been 11 white candles and 12 black candles for a net of 1 black candles.

Separating lines occurred. If the lines occur during an uptrend (which appears to be the case with TUAN SING HOLDIN) and the first line is black and the second is white (which is not the case with TUAN SING HOLDIN) then this suggests that the uptrend should continue.

If the separating lines occur during a downtrend and the first line is white and the second is black (which is the case with TUAN SING HOLDIN) then this suggests that the downtrend should continue.

The following two tabs change content below.

John Heffernan

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

Latest posts by John Heffernan (see all)

You must be logged in to post comments :  
CONNECT WITH