TELADOC HEALTH INC (TDOC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDOC - US87918A1051 - Common Stock
Overall TDOC gets a technical rating of 0 out of 10. TDOC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TDOC has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.71
When analyzing the support we notice one important area.
- 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.51 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.79 to 7.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.15 from a trend line in the weekly time frame.
- Resistance @8.40 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 | DOWN | NEGATIVE | The long term trend for TDOC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TDOC is down. |
| ChartMill Relative Strength | 14.72 | NEGATIVE | TDOC has a low relative strength, it was outperformed by 85.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TDOC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TDOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TDOC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.99 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TDOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.4 | OVERSOLD | The low Stochastics value suggests TDOC may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for TDOC suggests some volalility. |
| Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for TDOC suggests a weak or negative trend. |
7
0 (0%)
TELADOC HEALTH INC / TDOC FAQ
What is the ChartMill technical rating of TELADOC HEALTH INC (TDOC) stock?
ChartMill assigns a technical rating of 0 / 10 to TDOC.
What is the trend direction for TDOC stock?
The current trend direction for TELADOC HEALTH INC (TDOC) is Bearish.
What is the RSI signal for TELADOC HEALTH INC (TDOC) stock?
TELADOC HEALTH INC (TDOC) has an RSI value of 38.9918. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TELADOC HEALTH INC?
The short term momentum for TELADOC HEALTH INC (TDOC) is negative.
What is the support and resistance level for TDOC stock?
TELADOC HEALTH INC (TDOC) has a support level at 6.81 and a resistance level at 7.51. Check the full technical report for our detailed analysis of TDOC support and resistance levels.