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: Downwards.

Short term: Prices are moving.

Intermediate term: Prices are ranging.

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

The projected upper bound is: 0.40.

The projected lower bound is: 0.36.

The projected closing price is: 0.38.

TUAN SING HOLDIN closed down -0.005 at 0.380. Volume was 39% below average (neutral) and Bollinger Bands were 40% wider than normal.

OpenHighLowCloseVolume
0.380.380.3750.38525,500

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

Moving Averages:10-period50-period50-period
Close:0.390.40.38
Volatility:313229
Volume:856,6701,007,798546,427

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 0.6% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect moderate flows of volume out of TSHS.SI (mildly bearish). Our trend forecasting oscillators are currently bearish on TSHS.SI and have had this outlook for the last 8 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 45.5339. This is not an overbought or oversold reading. The last signal was a buy 6 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 37.84. 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 33 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 -96. This is not a topping or bottoming area. The last signal was a buy 1 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 17 period(s) ago.

Candlesticks

During the past 10 bars, there have been 3 white candles and 2 black candles for a net of 1 white candles. During the past 50 bars, there have been 13 white candles and 17 black candles for a net of 4 black 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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