Bullish vs. Bearish (1 opinions)
Social Sentiment 0.78
TGS Forecast and Technical Stock Analysis
Sell candidate since 2019-08-12 Gain 18.56%
Transportadora De Gas Sa Ord B gained 2.10% in the last trading day ( Friday, 16th Aug 2019 ), rising from $9.51 to $9.71 , 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 the day the stock fluctuated 8.99% from a day low at $9.46 to a day high of $10.31. The price has risen in 6 of the last 10 days , but is still down by -34.61% for this period. Volume fell in the last day by -337 803 shares and in total, 968 841 shares bought and sold for approximately $9.41 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the TGS stock price was $16.00 and low was $6.05.
- 90 day high was $16.69 and low was $6.05.
- 52 week high for Transportadora De Gas Sa Ord B - $17.78 and low - $6.05.
Transportadora De Gas Sa Ord B lies in the lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $8.22 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.44% during the next 3 months and, with 90% probability hold a price between $8.42 and $16.97 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday August 12, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Transportadora De Gas Sa Ord B holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $10.83 and $14.30. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 26 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 behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $8.92 and $8.75.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Transportadora De Gas Sa Ord B finds support just below today's level at $8.92. If this is broken, then the next support from accumulated volume will be at $8.75 and $8.19.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.85 between high and low, or 8.99%. For the last week, the stock has had a daily average volatility of 19.43%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
19.43 %Average volatility
Very Low Low Medium High Very High
The Transportadora De Gas Sa Ord B stock holds several negative signals and despite the positive trend we believe Transportadora De Gas Sa Ord B will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
|TGS $9.71 ($0.20 2.10%)|
TGS is up $0.20 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for TGS based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the TGS analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!