TELADOC HEALTH INC (TDOC) Technical Analysis
NYSE:TDOC • US87918A1051
Current stock price
TDOC Technical Rating and Analysis
Taking everything into account, TDOC scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 89% 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.
- In the last month TDOC has a been trading in the 4.95 - 6.09 range, which is quite wide. It is currently trading near the lows of this range.
- TDOC has an average volume of 6371280 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 58% of 35 stocks in the same industry.
TDOC Weekly and Daily overview Charts
TDOC Setup Rating and Analysis
TDOC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for TDOC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TDOC Support and Resistance Analysis
5.08
We found 2 important support areas.
- A support zone ranging from 5.24 to 5.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.36 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.60 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.21 from a trend line in the daily time frame.
- Resistance @6.35 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 | NEUTRAL | NEUTRAL | The short term trend for TDOC is neutral. |
| ChartMill Relative Strength | 11.47 | NEGATIVE | TDOC has a low relative strength, it was outperformed by 88.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TDOC is below 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) | 48.07 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TDOC has a negative trend. |
| Stochastics (14,3) | 44.97 | NEUTRAL | The Stochastics value for TDOC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for TDOC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for TDOC suggests a possible start of a new trend. |
TDOC Chart- and CandleStick Pattern Analysis
TDOC Technicals: Chart, Performance Metrics, Trend & Indicators
5.27
-0.01 (-0.19%)
TELADOC HEALTH INC / TDOC TA FAQ
What is the ChartMill technical rating of TELADOC HEALTH INC (TDOC) stock?
ChartMill assigns a technical rating of 1 / 10 to TDOC.
Can you provide the trend direction for TELADOC HEALTH INC?
The current trend direction for TELADOC HEALTH INC (TDOC) is Bearish.
What is the RSI signal for TDOC stock?
TELADOC HEALTH INC (TDOC) has an RSI value of 48.0683. 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 -0.0123337, indicating a bearish trend.