Friday May 17, 2019 Change -3.47% Price A$6.95
Chart period: 2019-02-18 - 2019-05-17
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will TLOU.L stock price go up or down on Mon, 20 May 2019?

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Tlou Energy Limited Forecast and Stock Analysis

Technical TLOU.L stock analysis for Friday May 17, 2019.

Buy candidate since 2019-05-13 Loss -3.47%


Tlou Energy Limited fell by -3.47% in the last day ( Friday, 17th May 2019 ) from A$7.20 to A$6.95 and has now fallen 3 days in a row. During day the stock fluctuated 3.60% from a day low at A$6.95 to a day high of A$7.20. The price has fallen in 6 of the last 10 days and is down by -10.32% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -700 946 shares and in total 598 736 shares bought and sold for approximately A$4.16 million.

Quick summary:

  • 30 day high of the TLOU.L stock price was A$8.20 and low was A$5.80.
  • 90 day high was A$8.20 and low was A$5.10.
  • 52 week high for the Tlou Energy Limited - A$9.70 and low - A$4.00.

Trend

Tlou Energy Limited lies in the middle of a very wide and strong 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 27.07% during the next 3 months and, with 90% probability hold a price between A$7.87 and A$10.63 at the end of this period.

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Signals

Tlou Energy Limited holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately A$7.23. On a fall, the stock will find some support from the long-term average at approximately A$6.49. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. 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 03, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 54 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at A$6.05 and A$5.90.

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, Tlou Energy Limited finds support just below today's level at A$6.05. If this is broken, then the next support from accumulated volume will be at A$5.90 and A$5.75.

Support: A$6.05 Price: A$6.95 Resistance: A$7.20

Risk

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 A$0.25 between high and low, or 3.60%. For the last week, the stock has had a daily average volatility of 4.73%.

Our recommended stoploss: A$6.47 (-6.97%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 9 days ago.)

4.73 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today TLOU.L ranks #1243 as BUY CANDIDATE #1243 Stronger Buy

Will TLOU.L stock price go up or down
on Mon, 20 May 2019?

Predict

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