TSI.L Forecast and Technical Stock Analysis
Buy candidate since 2019-07-19
TCW Strategic Income Fund Inc gained 9.09% in the last trading day ( Friday, 19th Jul 2019 ), rising from £0.00 to £0.00 During the day the stock fluctuated 8.70% from a day low at £0.00 to a day high of £0.00. The price has risen in 5 of the last 10 days and is up by 33.33% 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, 21.02 million more shares were traded than the day before. In total, 52.59 million shares bought and sold for approximately £126 217.00.
- 30 day high of the TSI.L stock price was £0.00 and low was £0.00.
- 90 day high was £0.00 and low was £0.00.
- 52 week high for TCW Strategic Income Fund Inc - £0.25 and low - £0.00.
TCW Strategic Income Fund Inc lies in the upper part of a very wide and strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £0.00 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 77.15% during the next 3 months and, with 90% probability hold a price between £0.00 and £0.00 at the end of this period.
TCW Strategic Income Fund 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 £0.00 and £0.00. A break down below any of these levels will issue sell signals. TCW Strategic Income Fund Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 Monday July 15, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 85 ]
RSI14 is 75 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
TCW Strategic Income Fund Inc finds support from accumulated volume at £0.00.
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 £0.00 between high and low, or 8.70%. For the last week, the stock has had a daily average volatility of 8.33%.
Our recommended stop-loss: £0.00 (-3.50%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 4 day(s) ago.)
8.33 %Average volatility
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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