Fri 15'th Jun 2018
Travelzoo Inc. Stock Analysis
Technical stock analysis for Fri 15'th Jun 2018
Travelzoo Inc. fell by -6.65% in the last day from $18.05 to $16.85 The price has been going up and down for this period, and there has been a -3.71% loss for the last 2 weeks. Volume has increased in the last day by 83 392 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 183 347 shares bought and sold for approximately $0.00.
|Shorts||3.09% ( 2018-05-31 )|
Travelzoo Inc. has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $17.13. A reaction back to this level may hold a second chance to get out before further falls.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Tuesday June 12, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Travelzoo Inc. 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 $17.81. On a fall, the stock will find some support from the long-term average at approximately $15.68. 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.
Relative Strength Index (RSI)
RSI14 is 54 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $15.90 and $15.15.
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, Travelzoo Inc. finds support just below today's level at $15.90. If this is broken, then the next support from accumulated volume will be at $15.15 and $13.10.
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 $1.25 between high and low, or 7.44%. For the last week, the stock has had a daily average volatility of 3.94%.
Our recommended stoploss: $15.91 (-5.55%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 3 days ago.)
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Travelzoo 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
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