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HQL - Tekla Life Sciences Investors

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE

HQL - Tekla Life Sciences Investors

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE
#2942()/6711

Fri 23'rd Feb 2018

PERIOD 2017-11-24 - 2018-02-23
CHANGE 1.57%
PRICE $20.06
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

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Tekla Life Sciences Investors Stock Analysis

Technical stock analysis for Fri 23'rd Feb 2018

Shorts 0.44% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta 1.60
ROA 14.64
Hold candidate since 2018-02-23

Tekla Life Sciences Investors gained 1.57% in the last trading day, rising from $19.75 to $20.06 The price has been going up and down for this period, and there has been a 4.32% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 7 032 more shares were traded than the day before. In total, 40 610 shares bought and sold for approximately $814 637.

Access today's Top 5 Hold/Accumulates

Trend

Tekla Life Sciences Investors lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.62% during the next 3 months and, with 90% probability hold a price between $20.91 and $23.65 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Thursday February 22, 2018, which indicates further gains until a new top pivot has been found. Tekla Life Sciences Investors has rising 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. Tekla Life Sciences Investors holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $20.24. On a fall, the stock will find some support from the short-term average at $19.96. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 48 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Tekla Life Sciences Investors finds support from accumulated volume at $19.22. On the upside the stock meets some resistance just above today's level from accumulated volume at $20.44, $20.91 and $21.03.

The stock is about to test the resistance from accumulated volume at $20.44 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $19.22 Price: $20.06 Resistance: $20.44

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.40 (2.02%) between high and low. For the last week, the stock has had a daily average volatility of 1.50%.

Our recommended stoploss: $18.89 (-5.83%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Tekla Life Sciences Investors holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

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