Tree House Education & Accessories Ltd Stock Forecast
Red day on Thursday for Tree House Education & Accessories Ltd stock after losing 0%
(Updated on May 30, 2024)
No changes to the price of Tree House Education & Accessories Ltd stock on the last trading day (Thursday, 30th May 2024). During the last trading day the stock fluctuated 0% from a day low at ₹21.45 to a day high of ₹21.45. The price has risen in 5 of the last 10 days and is up by 1.66% over the past 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.36% during the next 3 months and, with a 90% probability hold a price between ₹14.58 and ₹19.26 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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TREEHOUSE.NS Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Tree House Education & Accessories Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₹21.82 and ₹21.57. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Tree House Education & Accessories Ltd stock
Tree House Education & Accessories Ltd finds support from accumulated volume at ₹21.25 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ₹0 between high and low, or 0%. For the last week the stock has had daily average volatility of 3.89%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TREEHOUSE.NS) For The Upcoming Trading Day Of Friday 31st
For the upcoming trading day on Friday, 31st we expect Tree House Education & Accessories Limited to open at ₹21.45, and during the day (based on 14 day Average True Range), to move between ₹20.28 and ₹22.62, which gives a possible trading interval of +/-₹1.17 (+/-5.47%) up or down from last closing price. If Tree House Education & Accessories Limited takes out the full calculated possible swing range there will be an estimated 10.94% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₹21.55 (0.47%) than the support at ₹21.25 (0.93%), 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 Tree House Education & Accessories Limited stock A Buy?
Tree House Education & Accessories Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.625 Sell Candidate Unchanged
Predicted Opening Price for Tree House Education & Accessories Limited of Friday, May 31, 2024
| Fair opening price May 31, 2024 | Current price |
|---|---|
| ₹21.45 ( 0%) | ₹21.45 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TREEHOUSE.NS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21.45 | . | |
| R2 | 21.45 | . | ||
| R1 | 21.45 | . | ||
| Current price: | 21.45 | |||
| Support | S1 | 21.45 | . | |
| S2 | 21.45 | . | ||
| S3 | 21.45 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 22.70 | 5.83 % | |
| R2 | 22.35 | 4.20 % | ||
| R1 | 21.55 | 0.466 % | ||
| Current price | 21.45 | |||
| Support | S1 | 21.25 | -0.93% | |
| S2 | 19.75 | -7.93% | ||
| S3 | 18.85 | -12.12% |
TREEHOUSE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 28, 2015 | Sep 16, 2015 | Oct 25, 2015 | ₹2.00 | 0.693% |
| 2 | May 27, 2014 | Aug 27, 2014 | Sep 11, 2014 | ₹1.50 | 0.347% |
| 3 | May 27, 2013 | Aug 29, 2013 | Oct 07, 2013 | ₹1.25 | 0.491% |
| 4 | May 29, 2012 | Jul 27, 2012 | Sep 06, 2012 | ₹1.00 | 0.444% |
FAQ
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