HIGH PERFORMANCE (OTCMKTS:TBEV) Shorts Covered, Now What?

HIGH PERFORMANCE (OTCMKTS:TBEV) Shorts Covered, Now What?

HIGH PERFORMANCE closed unchanged at 0.001. Volume was 90% below average (consolidating) and Bollinger Bands were 49% narrower than normal.

Open High Low Close Volume___
0.001 0.001 0.000 0.001 14,081,595

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 0.00 0.00 0.00
Volatility: 292 302 463
Volume: 113,261,792 183,119,664 109,433,048

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

HIGH PERFORMANCE is currently 68.5% below its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect very strong flows of volume out of TBEV.PK (bearish). Our trend forecasting oscillators are currently bullish on TBEV.PK and have had this outlook for the last 0 periods.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 50.0000. This is not an overbought or oversold reading. The last signal was a buy 19 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 31.68. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -82. This is not a topping or bottoming area. The last signal was a buy 0 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 3 period(s) ago.

The post HIGH PERFORMANCE (OTCMKTS:TBEV) Shorts Covered, Now What? appeared first on Live Trading News.