Wednesday June 19, 2019 Change 0.00% Price £114.50
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will TFIF.L stock price go up or down on Thu, 20 Jun 2019?

Predict

TwentyFour Income Fund Ltd Forecast and Stock Analysis

Technical TFIF.L stock analysis for Wednesday June 19, 2019.

Hold candidate since 2019-06-17


No changes to the price of TwentyFour Income Fund Ltd in the last trading day ( Wednesday, 19th Jun 2019 ). During day the stock fluctuated 0.00% from a day low at £114.50 to a day high of £114.50. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

Quick summary:

  • 30 day high of the TFIF.L stock price was £115.50 and low was £1.14.
  • 90 day high was £117.00 and low was £1.14.
  • 52 week high for the TwentyFour Income Fund Ltd - £124.00 and low - £1.14.

Trend

TwentyFour Income Fund Ltd has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is £111.36, a level that may pose a second chance to hit a runner. According to fan-theory £229.22 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Click here for today's Top 5 Trending Companies

Signals

TwentyFour Income Fund Ltd holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £114.50 and £95.13. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday May 31, 2019, which indicates further falls until a new bottom pivot has been found. 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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

TwentyFour Income Fund Ltd finds support from accumulated volume at £114.00.

Support: £114.00 Price: £114.50 Resistance: £115.00

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.

Our recommended stoploss: £109.78 (-4.12%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 13 days ago.)

0.00 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

TwentyFour Income Fund Ltd 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.

Will TFIF.L stock price go up or down on Thu, 20 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank