TANNZ Forecast and Technical Stock AnalysisBuy candidate since 2019-07-18
TravelCenters of America LLC 8.00% Senior Notes due 2030 gained 0.20% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $25.32 to $25.37 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 0.75% from a day low at $25.25 to a day high of $25.44. The price has been going up and down for this period, and there has been a 0.36% 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, 8 262 more shares were traded than the day before. In total, 10 209 shares bought and sold for approximately $259 002.00.
- 30 day high of the TANNZ stock price was $25.70 and low was $24.95.
- 90 day high was $25.74 and low was $24.82.
- 52 week high for the TravelCenters of America LLC 8.00% Senior Notes due 2030 - $25.74 and low - $22.51.
TravelCenters of America LLC 8.00% Senior Notes due 2030 is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend you can expect TravelCenters of America LLC 8.00% Senior Notes due 2030 with 90% probability to be traded between $25.27 and $25.85 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
A buy signal was issued from a pivot bottom point on Monday July 01, 2019, which indicates further gains until a new top pivot has been found. TravelCenters of America LLC 8.00% Senior Notes due 2030 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. TravelCenters of America LLC 8.00% Senior Notes due 2030 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 $25.43. On a fall, the stock will find some support from the short-term average at $25.27. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 34 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
TravelCenters of America LLC 8.00% Senior Notes due 2030 finds support from accumulated volume at $25.32.
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 $0.19 (0.75%) between high and low. For the last week, the stock has had a daily average volatility of 0.47%.
Our recommended stoploss: $23.78 (-6.27%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 12 days ago.)
0.47 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for this stock to perform well in the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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