TUI.L slips to lowest close since April 6th
TUI AG (TUI.L) Technical Analysis Report for Apr 16, 2018 | by Techniquant Editorial Team
Moving lower for the 2nd day in a row, TUI.L ended Monday at 1564.50 losing £8.00 (-0.51%). Today's closing price of 1564.50 marks the lowest close since April 6th. Closing below Friday's low at 1568.50, TUI confirms its breakout through the previous session's low having traded £9.00 below it intraday.
Daily Candlestick Chart (TUI.L as at Apr 16, 2018):
Monday's trading range was £19.50 (1.24%), that's below last trading month's daily average range of £24.05. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly above average.
Prices are trading close to a key support level at 1557.00.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.