TELADOC HEALTH INC (TDOC) Technical Analysis
NYSE:TDOC • US87918A1051
Current stock price
TDOC Technical Rating and Analysis
Overall TDOC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TDOC was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than TDOC.
- TDOC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TDOC is lagging the market.
- TDOC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- TDOC has an average volume of 6708550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TDOC is an average performer in the Health Care Technology industry, it outperforms 61% of 35 stocks in the same industry.
TDOC Weekly and Daily overview Charts
TDOC Setup Rating and Analysis
Although the technical rating is bad, TDOC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.36, a Stop Loss order could be placed below this zone.
More info and screens
TDOC Support and Resistance Analysis
5.29
When analyzing the support we notice one important area.
- A support zone ranging from 5.34 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.53 to 5.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.62 from a horizontal line in the daily time frame.
- Resistance @6.36 from a trend line in the daily time frame.
- Resistance @6.48 from a trend line in the weekly time frame.
TDOC Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for TDOC is up. |
| ChartMill Relative Strength | 12.81 | NEGATIVE | TDOC has a low relative strength, it was outperformed by 87.19% off all stocks 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) | DOWN | MIXED | The current price of TDOC is above 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) | 54.32 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TDOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.39 | NEUTRAL | The Stochastics value for TDOC is a neutral value. |
| 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) | 25.45 | POSITIVE | The high ADX value value for TDOC suggests a strong trend. |
TDOC Chart- and CandleStick Pattern Analysis
TDOC Technicals: Chart, Performance Metrics, Trend & Indicators
5.52
-0.05 (-0.9%)
TELADOC HEALTH INC / TDOC TA FAQ
What is the ChartMill technical rating of TELADOC HEALTH INC (TDOC) stock?
ChartMill assigns a technical rating of 2 / 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 54.3151. 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 positive.
What is the support and resistance level for TDOC stock?
TELADOC HEALTH INC (TDOC) has a support level at 5.36 and a resistance level at 5.53. Check the full technical report for our detailed analysis of TDOC support and resistance levels.