National Corporation for Tourism & Hotels Stock Analysis: Bearish Sentiment Continues as Prices Decline
By KlickAnalytics Data Insights | December 31, 2024 08:14AM ET
Pricing
Recently, the National Corporation for Tourism & Hotels stock has been experiencing a downward trend in prices. The current price stands at 2.69, with a 1-day change of -0.02 and a 1-day return of -0.74%. The volume of trading is recorded at 10745. In the past week, the stock has seen a return of -0.37037%, while over a year, the return has been 17.467249%.
Looking at the price rally, it is evident that the stock has been trading downwards for the last day, indicating a bearish sentiment among investors. The close price compared to the open price shows a bearish sentiment of -0.37%, similar to the close price compared to the high price. However, the close price compared to the low price reflects a neutral sentiment of 0.00%. The stock also saw a -0.37% return compared to the previous day's open.
The 52-week high price for the stock was 3.75, which occurred on 2024-02-06, 329 days ago. On the other hand, the 52-week low price was 2.28, recorded on 2024-06-11, 203 days ago. Currently, the stock price is 17.98% higher than the 52-week low.
Historical returns for the stock show a negative trend over the past few months, with returns of -0.37% for both 1-week and 3-months, and a decline of -5.94% over 6 months. However, the year-to-date return stands at 17.47%, aligning with the 1-year return as well.
When considering the historical relative volume, the stock has seen a low volume period, with values ranging from 0.06x to 0.10x over different time frames.
Technical Indicators
Examining the technical indicators, the National Corporation for Tourism & Hotels stock shows mixed signals. While the short-term and medium-term indicators point towards an upward trend, the long-term indicators do not align with this sentiment. The 5-days simple moving average signal is SELL, along with the 10-days SMA signal. However, the 20-days SMA and 50-days SMA signals indicate a BUY opportunity. The 100-days SMA and 200-days SMA signals are also mixed, with some indicating a SELL and others a BUY.
Comparing the close price to various SMAs reveals fluctuations, with a negative correlation to SMA5 and SMA10, but a positive correlation to SMA20, SMA50, and SMA100. The close price vs SMA200 shows a negative trend.