Weaker Buy Today TPT.L ranks #81 as BUY CANDIDATE. Stronger Buy
Today TPT.L ranks #81 as BUY CANDIDATE.

TPT.L stock Topps Tiles

TPT.L stock
Topps Tiles

March 22, 2019
Change 0.60%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will TPT.L stock price go up or down on Mon, 25 Mar 2019?

Topps Tiles Forecast and Stock Analysis

Technical TPT.L stock analysis for March 22, 2019.

Buy candidate since 2019-03-18 Gain 2.74%

Topps Tiles gained 0.60% in the last trading day, rising from £74.55 to £75.00 , 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. The price has risen in 8 of the last 10 days and is up by 9.65% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 37 752 more shares were traded than the day before. In total, 116 902 shares bought and sold for approximately £8.77 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the TPT.L stock was £75.00. This is 0.6% more than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 4.17% from a day low at £72.00 to a day high of £75.00.

30 day high of the TPT.L stock price was £75.80 and low was £64.00.
90 day high was £75.80 and low was £59.80.
52 week high for the Topps Tiles - £87.30 and low - £57.00.

Trend

Topps Tiles lies in the middle of a 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 14.52% during the next 3 months and, with 90% probability hold a price between £79.80 and £87.59 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Topps Tiles 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 £74.04 and £69.06. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday March 18, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 65 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Topps Tiles finds support from accumulated volume at £73.00.

Support: £73.00 Price: £75.00 Resistance: £75.70

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 £3.00 between high and low, or 4.17%. For the last week, the stock has had a daily average volatility of 3.05%.

Our recommended stoploss: £71.02 (-5.30%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Topps Tiles holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Weaker Buy Today TPT.L ranks #81 as BUY CANDIDATE. Stronger Buy
Today TPT.L ranks #81 as BUY CANDIDATE.