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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TDOC is a bad performer in the overall market: 91% of all stocks are doing better.
- TDOC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TDOC has a been trading in the 6.03 - 8.05 range, which is quite wide. It is currently trading near the lows of this range.
- TDOC has an average volume of 5335010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TDOC is an average performer in the Health Care Technology industry, it outperforms 45% of 34 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
The technical rating of TDOC is bad and it also does not present a quality setup 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
6.27
We found 1 important resistance area.
- A resistance zone ranging from 7.64 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 9.01 | NEGATIVE | TDOC has a low relative strength, it was outperformed by 90.99% 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) | 36.49 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TDOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.35 | OVERSOLD | The low Stochastics value suggests TDOC may be oversold. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for TDOC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for TDOC suggests a weak or negative trend. |
6.33
-0.02 (-0.31%)
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 36.4885. 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 resistance level at 7.64. Check the full technical report for our detailed analysis of TDOC support and resistance levels.