Previous Hold Today TRTX ranks #2847 as HOLD CANDIDATE #2847 Next Hold

TRTX stock forecast TPG RE Finance Trust Inc

TRTX stock forecast

VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

TRTX Forecast and Technical Stock Analysis

Hold candidate since 2019-07-09 Gain 0.66%

TPG RE Finance Trust Inc gained 0.10% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $19.78 to $19.80 , 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 0.92% from a day low at $19.63 to a day high of $19.81. The price has risen in 7 of the last 10 days and is up by 1.75% over the past 2 weeks. Volume fell in the last day by -43 827 shares, and in total, 117 157 shares bought and sold for approximately $2.32 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.

Quick summary:

  • 30 day high of the TRTX stock price was $19.92 and low was $19.01.
  • 90 day high was $20.13 and low was $19.01.
  • 52 week high for the TPG RE Finance Trust Inc - $20.89 and low - $17.81.
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Trend

TPG RE Finance Trust Inc is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend you can expect TPG RE Finance Trust Inc with 90% probability to be traded between $18.91 and $19.87 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.

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Signals

TPG RE Finance Trust Inc 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 $19.74 and $19.55. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday June 27, 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 may be an early warning. The stock should be watched closely.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 92 and the stock is extremely overbought on RSI14, but may also ontinue to gain. Some stocks see their best performance while being overbought, but very seldom does RSI remain so high for a long time without short corrections. Risk has therefore increased and larger daily movements can be expected for the next couple of days.

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

TPG RE Finance Trust Inc finds support from accumulated volume at $19.54.

Support: $19.54 Price: $19.80 Resistance: $19.83

Risk

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 $0.18 (0.92%) between high and low. For the last week, the stock has had a daily average volatility of 0.67%.

The stock is extremely overbought on RSI14 (92). This increases the short-term risk substantially.

Our recommended stoploss: $18.94 (-4.32%) (This stock has low daily movements and this gives low risk. The RSI14 is 92 and this increases the risk substantially. There is a buy signal from pivot bottom found 14 days ago.)

0.67 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded

Evaluation

TPG RE Finance Trust Inc 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.

Previous Hold Today TRTX ranks #2847 as HOLD CANDIDATE #2847 Next Hold

Will TRTX stock price go up or down on Mon, 22 Jul 2019?

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