Trends:
Strong Bullish Trend
TV2 appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. TV2 is trading above its 200 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Momentum:
Strong Bullish Momentum
Momentum for TV2 is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
Above Average Volume
Today's volume (04/01/2018) is on track to be heavier than usual, with 3.8M shares having traded so far. The On Balance Volume indicator (OBV) shows that longer term accumulation has given way to near term selling pressure by traders. The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and suggests that there is considerable buying interest.
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.
Bollinger Bands® Signal Volatility Squeeze
Volatility, measured using the width of the Bollinger Bands® , is extremely low, resulting in a condition called the Bollinger Band Squeeze. Bollinger Band Squeezes tend to precede major price breakouts, although they do not predict which direction the new trend will take. Trend and momentum indicators can be useful during Squeeze conditions to help discern the direction of future trends.
TV2 Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held