TINC Comm. VA Stock Forecast

TINC Comm. VA stock price up 0.334% on Monday
(Updated on May 06, 2024)

TINC.BB Signals & Forecast

The TINC Comm. VA stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 12.05€. On a fall, the stock will find some support from the long-term average at approximately 11.96€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. TINC Comm. VA has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -3.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for TINC Comm. VA stock

TINC Comm. VA finds support from accumulated volume at 11.45€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 0.140€ between high and low, or 1.17%. For the last week the stock has had daily average volatility of 1.61%.

Our recommended stop-loss: 11.42€ (-4.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (TINC.BB) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect TINC Comm. VA to open at 12.02€, and during the day (based on 14 day Average True Range), to move between 11.81€ and 12.19€, which gives a possible trading interval of +/-0.193€ (+/-1.61%) up or down from last closing price. If TINC Comm. VA takes out the full calculated possible swing range there will be an estimated 3.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 12.20€ (1.67%) than the support at 11.45€ (4.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is TINC Comm. VA stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for TINC Comm. VA stock to perform well in the short-term.

Current score: 1.778 Buy Candidate Unchanged

Predicted Opening Price for TINC Comm. VA of Tuesday, May 7, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.