TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
Europe - STO:TEL2B - SE0005190238 - Common Stock
Overall TEL2B gets a technical rating of 1 out of 10. TEL2B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TEL2B has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 149.99, a Stop Loss order could be placed below this zone.
More info and screens
127.81
We found 2 important support areas.
- A support zone ranging from 148.05 to 149.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @129.10 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 150.72 to 151.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 154.18 to 155.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 166.86 to 167.53. 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 | NEUTRAL | NEUTRAL | The long term trend for TEL2B.ST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEL2B.ST is down. |
| ChartMill Relative Strength | 68.38 | NEUTRAL | TEL2B.ST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEL2B.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEL2B.ST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEL2B.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.51 | NEUTRAL | The RSI value for TEL2B.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests TEL2B.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.67 | NEUTRAL | The Stochastics value for TEL2B.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TEL2B.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 38.55 | POSITIVE | The high ADX value value for TEL2B.ST suggests a strong trend. |
STO:TEL2B (11/6/2025, 5:29:45 PM)
150.6
+0.6 (+0.4%)
TELE2 AB-B SHS / TEL2B.ST FAQ
What is the technical rating for TEL2B stock?
ChartMill assigns a technical rating of 1 / 10 to TEL2B.ST.
What is the trend direction for TEL2B stock?
The current trend direction for TELE2 AB-B SHS (TEL2B.ST) is Bearish.
What is the RSI signal for TEL2B stock?
TELE2 AB-B SHS (TEL2B.ST) has an RSI value of 35.5137. This indicates that the stock is currently neutral.
What is the MACD signal for TELE2 AB-B SHS (TEL2B.ST) stock?
The MACD indicator for TELE2 AB-B SHS (TEL2B.ST) has a value of -0.30592, indicating a bearish trend.
What is the short term momentum for TEL2B stock?
The short term momentum for TELE2 AB-B SHS (TEL2B.ST) is negative.