TRG The Resources Group of Pakistan Short-Term Aanlysis 19th June 2017

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TRG Pakistan

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Price:  44.59

   Change: 0.28    2017-06-16
Open: 44.31 52 Week High: 63.89 Market Capitalization Mln: 24319.00
High: 45.10 52 Week Low: 30.81 Outstanding Shares. Mln: 545.00
Low: 43.71 52 Week Avg.: 46.48 KSE AllShares % Weight-age: 0.26
Close: 44.59 52 Week Max Vol.: 58302000 KSE100 % Weight-age: 0.89
Average: 44.43 52 Week Min Vol.: 0 KSE30 % Weight-age: Not Listed
Volume: 5027000 52 Week Total Vol.: 3265641000 Data Last Updated: 2017-06-16

Rebound Insight

Our Pivot: 38.80

Our Preference:  Buy TRG above 43.06 and average it out till 41.80 with strict stop loss of 38.80 and target at 47.90 and 49.35.

Alternate Scenario: Downward penetration of 38.80 will call for 36.30.

NOTE: TRG is getting support from a supportive trend line along with a horizontal supportive region. Daily stochastic and MAORSI are ready for a bullish crossover which could push it back towards 47.90.

Recommendations:

Buy above 43.06 and average it out till 41.80 with strict stop loss of 38.80 and target at 47.90 and 49.35.

Daily Chart with Supports and Resistances:

 

TRG 42
Overview
Quick Snapshot
Free Float

463,582,065

O/S Shares

545,390,665

Market Cap. (m)

0.00

Var Value

16.50

Hair Cut

22.50

Last Price

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
5.55
7.21
QTD Price Return
5.55
7.21
3M Price Return
-11.43
-12.16
6M Price Return
-47.43
-36.48
9M Price Return
-87.44
-51.43
YTD Price Return
-35.33
-29.97
1Y Price Return
-79.93
-49.19
3Y Price Return
62.12
303.77
5Y Price Return
35.06
73.79


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