TELEFONICA SA-SPON ADR (TEF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TEF - US8793822086 - ADR
Overall TEF gets a technical rating of 0 out of 10. TEF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TEF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.90, a Stop Loss order could be placed below this zone.
More info and screens
3.82
We found 1 important support area.
- A support zone ranging from 3.86 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.30 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.13 from a trend line in the daily time frame.
- Resistance @5.38 from a horizontal line in the daily 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 TEF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEF is down. |
| ChartMill Relative Strength | 21.72 | NEGATIVE | TEF has a low relative strength, it was outperformed by 78.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TEF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.19 | NEUTRAL | The RSI value for TEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TEF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.07 | OVERSOLD | The low Stochastics value suggests TEF may be oversold. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for TEF suggests some volalility. |
| Average Directional Index/ADX (14) | 41.34 | POSITIVE | The high ADX value value for TEF suggests a strong trend. |
4.17
+0.09 (+2.21%)
TELEFONICA SA-SPON ADR / TEF FAQ
What is the ChartMill technical rating of TELEFONICA SA-SPON ADR (TEF) stock?
ChartMill assigns a technical rating of 0 / 10 to TEF.
What is the trend direction for TEF stock?
The current trend direction for TELEFONICA SA-SPON ADR (TEF) is Bearish.
What is the RSI signal for TELEFONICA SA-SPON ADR (TEF) stock?
TELEFONICA SA-SPON ADR (TEF) has an RSI value of 33.186. This indicates that the stock is currently neutral.
What is the MACD signal for TEF stock?
The MACD indicator for TELEFONICA SA-SPON ADR (TEF) has a value of -0.00433001, indicating a bearish trend.
What is the short term momentum for TEF stock?
The short term momentum for TELEFONICA SA-SPON ADR (TEF) is negative.