Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights

Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights

Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

The projected upper bound is: 0.49.

The projected lower bound is: 0.43.

The projected closing price is: 0.46.

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.

TUAN SING HLDG closed up 0.040 at 0.455. Volume was 1,220% above average (trending) and Bollinger Bands were 9% narrower than normal.

Open        High          Low           Close         Volume
0.425        0.455        0.425         0.455        33,576,700

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

Moving Averages: 10-period        50-period         200-period
Close:                      0.43                  0.41                   0.35
Volatility:               65                      45                       34
Volume:                 4,964,490        3,697,500         1,434,165

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 HLDG is currently 30.0% 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 into TSHS.SI (mildly bullish). Our trend forecasting oscillators are currently bearish on TSHS.SI and have had this outlook for the last 14 periods.

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 62.5000. 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 64.09. 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 23 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 243.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 6 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 0 period(s) ago.

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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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