TELADOC HEALTH INC (TDOC) Stock Technical Analysis
USA - NYSE:TDOC - US87918A1051 - Common Stock
Overall TDOC gets a technical rating of 6 out of 10. In the last year, TDOC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TDOC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.71
4 important support areas can be observed.
- A support zone ranging from 8.17 to 8.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.88 from a horizontal line in the daily time frame.
- Support @6.98 from a trend line in the daily time frame.
- A support zone ranging from 6.78 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @9.38 from a trend line in the daily time frame.
- Resistance @9.56 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TDOC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TDOC is neutral. |
| ChartMill Relative Strength | 50.11 | NEUTRAL | TDOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDOC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TDOC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.17 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TDOC has a negative trend. |
| Stochastics (14,3) | 31.3 | NEUTRAL | The Stochastics value for TDOC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for TDOC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for TDOC suggests a strong trend. |
8.74
+0.51 (+6.2%)
TELADOC HEALTH INC / TDOC FAQ
What is the ChartMill technical rating of TELADOC HEALTH INC (TDOC) stock?
ChartMill assigns a technical rating of 6 / 10 to TDOC.
What is the current trend direction of TELADOC HEALTH INC (TDOC) stock?
The current trend direction for TELADOC HEALTH INC (TDOC) is Bearish.
Can you provide the RSI signal for TELADOC HEALTH INC?
TELADOC HEALTH INC (TDOC) has an RSI value of 47.171. This indicates that the stock is currently neutral.
What is the MACD signal for TELADOC HEALTH INC (TDOC) stock?
The MACD indicator for TELADOC HEALTH INC (TDOC) has a value of -0.0643578, indicating a bearish trend.
Can you provide the support and resistance levels for TELADOC HEALTH INC?
TELADOC HEALTH INC (TDOC) has a support level at 8.22 and a resistance level at 8.24. Check the full technical report for our detailed analysis of TDOC support and resistance levels.