TC NEWS why is Tuanche Limited price falling or rising

TC NEWS reasons for why stock price of Tuanche Limited is falling or rising

TC Tuanche is falling or rising technical reasons

Technical analysis forecast for Tuanche Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tuanche TC at this time. Stock is falling and might fall more.

It appears as if Tuanche TC gave a large move recently.

Stock of Tuanche (TC) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Tuanche is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tuanche stays below 1.6, but if it comes above 1.6, then a intra day buy could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.4 as target. However if you take a buy trade in Tuanche, then use 1.6 as stoploss and 1.77 as target.

TC Tuanche is falling or rising NEWS fundamental reasons

FTC moves to block Tapestry’s acquisition of Capri - NEWS as on 2024-04-22 marketwatch.com

ViaBTC Just Mined the 4th Ever Bitcoin Epic Sat During The Halving ViaBTC has not only mined Bitcoin’s fourth halving block, but it has also mined the fourth ever “epic sat”. - NEWS as on 2024-04-20 nasdaq.com

Implied FTC Analyst Target Price: 6 Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target p - NEWS as on 2024-04-19 nasdaq.com

ITC Infotech to acquire Blazeclan Technologies Blazeclan is a born-in-the-cloud consulting company providing cloud services on AWS, Azure and GCP, and has been recognized as a Niche Player in the 2023 Gartner Magic Quadrant for Public Cloud IT Transformation Services. - NEWS as on 2024-04-18 business-standard.com

IRCTC Q4 PAT seen up 21.2% YoY to Rs. 306.5 cr: Prabhudas Lilladher Net Sales are expected to increase by 17.2 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 1,130.8 crore, according to Prabhudas Lilladher. - NEWS as on 2024-04-17 moneycontrol.com

ITC, Infosys among top 10 stock holdings of SBI Mutual Fund SBI MF manages assets worth Rs 9.19 lakh crore. - NEWS as on 2024-04-16 indiatimes.com

Boardroom Leela: Why are ITC and Hotel Leela at loggerheads? The battle between the two has been raging for the last five years and, of course, Hotel Leelaventure Limited (HLV) has contested claims made by ITC which holds a 7.92% stake in HLV. - NEWS as on 2024-04-16 indiatimes.com

More announcements and NEWS

TC Tuanche Limited current price & indicator signals

Moving Averages for Tuanche Limited

  • 5Day Average: 1.79
  • 12Day Average: 1.87
  • 20Day Average: 1.79
  • 50Day Average: 1.81
  • 100Day Average: 1.22
  • 150Day Average: 0.96
  • 200Day Average: 0.86

TC Indicators & signals

Indicator MACD (12,26,9)

1.79, 1.78, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 25.93, 33.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TC Tuanche Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Mon Apr 2024 1.50 1.41 to 1.61 -9.09% 0.37 times
19 Fri Apr 2024 1.65 1.60 to 2.01 -11.76% 0.9 times
18 Thu Apr 2024 1.87 1.83 to 2.11 -4.1% 1.78 times
17 Wed Apr 2024 1.95 1.86 to 2.12 -2.01% 0.27 times
16 Tue Apr 2024 1.99 1.83 to 2.13 4.74% 0.24 times
15 Mon Apr 2024 1.90 1.70 to 1.94 4.97% 0.79 times
12 Fri Apr 2024 1.81 1.71 to 1.94 -9.5% 0.52 times
11 Thu Apr 2024 2.00 1.63 to 2.10 11.11% 4.22 times
10 Wed Apr 2024 1.80 1.80 to 2.08 -8.16% 0.41 times
09 Tue Apr 2024 1.96 1.85 to 2.26 0.51% 0.3 times
08 Mon Apr 2024 1.95 1.90 to 2.25 -2.5% 0.57 times
05 Fri Apr 2024 2.00 1.92 to 2.28 -4.31% 0.74 times

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TC NEWS why is Tuanche Limited price falling or rising

 

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