Ten-League International Holdings Limited Ordinary Shares
Here’s whether Ten-League International Holdings Limited Ordinary Shares (TLIH) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: above the 50-day MA (medium-term momentum positive). Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-5.71% over 10 days); RSI 80 — overbought, elevated pullback risk; 3-month momentum negative (-25.5%); rising volume on a downtrend (distribution, 2.98x avg). Currently 94.8% off its 52-week high. Score: -4/7.
TLIH is trading below its 200-day MA ($5.57) — a key warning sign the longer-term trend is under pressure. With an RSI of 79.7, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. With ~10 months of trading history, the return since first available bar is -90.2%. The current 94.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.