TELADOC HEALTH INC (TDOC) Technical Analysis
NYSE:TDOC • US87918A1051
Current stock price
TDOC Technical Rating and Analysis
Taking everything into account, TDOC scores 0 out of 10 in our technical rating. TDOC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- TDOC has an average volume of 6605510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TDOC is part of the Health Care Technology industry. There are 35 other stocks in this industry, TDOC did better than 64% of them.
- In the last month TDOC has a been trading in the 4.87 - 6.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TDOC Weekly and Daily overview Charts
TDOC Setup Rating and Analysis
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
TDOC Support and Resistance Analysis
4.42
When analyzing the support we notice one important area.
- Support @4.46 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.32 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.62 to 5.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.33 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 | NEUTRAL | NEUTRAL | The short term trend for TDOC is neutral. |
| ChartMill Relative Strength | 11.65 | NEGATIVE | TDOC has a low relative strength, it was outperformed by 88.35% 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) | 44.26 | NEUTRAL | The RSI value for TDOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TDOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.34 | NEUTRAL | The Stochastics value for TDOC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for TDOC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.94 | 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
5.14
-0.38 (-6.88%)
TELADOC HEALTH INC / TDOC TA 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 44.2593. 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 neutral.
What is the support and resistance level for TDOC stock?
TELADOC HEALTH INC (TDOC) has a support level at 4.46 and a resistance level at 5.32. Check the full technical report for our detailed analysis of TDOC support and resistance levels.