Technical Analysis for TFIF - Twentyfour Income Fund L

Grade Last Price % Change Price Change
grade F 113.0 -0.44% -0.50
TFIF closed down 0.44 percent on Monday, July 15, 2019, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TFIF trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Hammer Candlestick Bullish -0.44%
Lizard Bullish Bullish Day Trade Setup -0.44%
Doji - Bullish? Reversal -0.44%
Narrow Range Bar Range Contraction -0.44%

Older signals for TFIF ...

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Profile
TwentyFour Income Fund Limited is a closed-ended investment company. The Company operates through investments in Asset Backed Securities segment. The Company's investment objective is to generate attractive risk adjusted returns principally through income distributions. The Company's investment policy is to invest in a diversified portfolio of the United Kingdom and European Asset Backed Securities. At least 50% of the portfolio value will be invested in assets which have at least one investment grade credit rating from an internationally recognized rating agency, or in cash and approximately 5% of the portfolio value will be exposed to any single Asset Backed Security or issuer of Asset Backed Securities. The Company's investment manager is TwentyFour Asset Management LLP. The Company's financial advisor is Numis Securities Limited.
Investment Management Financial Law United States Housing Bubble Structured Finance Financial Risk Asset Backed Security Credit Rating Agency
Is TFIF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 124.0
52 Week Low 110.5
Average Volume 498,926
200-Day Moving Average 115.4878
50-Day Moving Average 114.41
20-Day Moving Average 113.675
10-Day Moving Average 113.6
Average True Range 0.7685
ADX 15.21
+DI 18.0733
-DI 24.0869
Chandelier Exit (Long, 3 ATRs ) 113.6945
Chandelier Exit (Short, 3 ATRs ) 113.8055
Upper Bollinger Band 115.1675
Lower Bollinger Band 112.1825
Percent B (%b) 0.27
BandWidth 2.625907
MACD Line -0.3446
MACD Signal Line -0.3004
MACD Histogram -0.0443
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 113.75
Resistance 3 (R3) 113.83 113.67 113.63
Resistance 2 (R2) 113.67 113.48 113.63 113.58
Resistance 1 (R1) 113.33 113.36 113.25 113.25 113.54
Pivot Point 113.17 113.17 113.13 113.13 113.17
Support 1 (S1) 112.83 112.98 112.75 112.75 112.46
Support 2 (S2) 112.67 112.86 112.63 112.42
Support 3 (S3) 112.33 112.67 112.38
Support 4 (S4) 112.25