TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
Europe - STO:TEL2B - SE0005190238 - Common Stock
164.95 SEK
-0.95 (-0.57%)
Taking everything into account, TEL2B scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TEL2B has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TEL2B did better than 85% of all other stocks. On top of that, TEL2B also shows a nice and consistent pattern of rising prices.
TEL2B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TEL2B 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month TEL2B has a been trading in a tight range between 160.38 and 167.85.
Besides having an excellent technical rating, TEL2B also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 164.94, a Stop Loss order could be placed below this zone.
More info and screens
123.69
169.21
4 important support areas can be observed.
- A support zone ranging from 164.89 to 164.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 146.93 to 148.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @134.05 from a horizontal line in the daily time frame.
- Support @124.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 165.37 to 167.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TEL2B.ST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEL2B.ST is up. |
| ChartMill Relative Strength | 85.56 | POSITIVE | TEL2B.ST has a high relative strength, it outperformed 85.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEL2B.ST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEL2B.ST is above the rising 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) | 57.94 | NEUTRAL | The RSI value for TEL2B.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests TEL2B.ST has a negative trend. |
| Stochastics (14,3) | 60.45 | NEUTRAL | The Stochastics value for TEL2B.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for TEL2B.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for TEL2B.ST suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 167.54 | 164.88 | 2.66 (1.59%) | 25.00% |
| An entry @167.54. This is a Buy Stop order right above the resistance zone. | An exit @164.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.66 points, which is 1.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- The distance between exit and entry is rather small compared to the average daily movement of TEL2B. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:TEL2B (9/12/2025, 5:24:46 PM)
164.95
-0.95 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week-1.14%
2 Weeks-0.99%
1 Month3%
3 Month17.91%
6 Month26.84%
12 Month41.41%
2 Year97.17%
3 Year70.65%
5 Year30.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.47
ATR(20)%1.35%
ATR Inc45.08%
Range Today4.95
ADR(20)2.17
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.56
Mansfield1.37
10 Day High167.85
10 Day Low161.95
20 Day High167.85
20 Day Low160.38
52 Week High167.85
52 Week Low105.65
CS1 End164.94
CR1 Start165.37
Volume & EV
DER(3)-5.97%
DER(5)-3.62%
Volume1.50M
Volume Incr78.41%
Vol(5)1.13M
Vol(50)804.57K