Large Outflow of Money Witnessed in Tyco International plc

Tyco International plc (TYC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.16 million) in Tyco International plc (TYC). On Friday, The value of composite uptick trades was $0.44 million, whereas, the value of composite downtick trades was $1.6 million and the ratio between the two was 0.28, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.08 million. The negative money flow of ($1.08 million) shows selling on strength. Tyco International plc (TYC) gained $0.55 intraday at $45.56 and registrered 1.21% for the week.


The company Insiders own 1.5% of Tyco International plc shares according to the proxy statements. Institutional Investors own 89.97% of Tyco International plc shares.

In a related news, The director, of Tyco International Plc, Breen Edward D had unloaded 353,944 shares at $44.4 per share in a transaction on August 11, 2016. The total value of transaction was $15,715,114. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Tyco International plc (NYSE:TYC): The stock opened at $45.49 and touched an intraday high of $46.06 on Friday. During the day, the stock corrected to an intraday low of $45.32, however, the bulls stepped in and pushed the price higher to close in the green at $45.59 with a gain of 1.29% for the day. The total traded volume for the day was 29,162,929. The stock had closed at $45.01 in the previous trading session.

Tyco International plc (TYC) : Traders are bullish on Tyco International plc (TYC) as it has outperformed the S&P 500 by a wide margin of 0.73% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.8%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.32% in the last 1 week, and is up 0.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *