TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
STO:TEL2B - Nasdaq Stockholm AB - SE0005190238 - Common Stock - Currency: SEK
We assign a technical rating of 10 out of 10 to TEL2B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEL2B is showing a nice and steady performance.
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 89% of all other stocks. We also observe that the gains produced by TEL2B over the past year are nicely spread over this period.
TEL2B is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TEL2B has a been trading in the 116.20 - 143.75 range, which is quite wide. It is currently trading near the high of this range.
TEL2B has an average volume of 1058760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TEL2B has an excellent technical rating, it does not offer a high 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
106.03
144.28
4 important support areas can be observed.
- A support zone ranging from 128.20 to 131.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.70 to 124.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @115.07 from a trend line in the weekly time frame.
- Support @107.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.99
Mansfield2.29
10 Day High143.75
10 Day Low133.6
20 Day High143.75
20 Day Low116.2
52 Week High143.75
52 Week Low99.78
Performance
1 Week3.59%
2 Weeks7.45%
1 Month5.31%
3 Month15.73%
6 Month27.14%
12 Month38.83%
2 Year45.99%
3 Year19.81%
5 Year13.25%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.84
RSI(14)69.83
LBB125.38
UBB145.93
STO:TEL2B (5/5/2025, 11:52:08 AM)
142.85
+0.1 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week3.59%
2 Weeks7.45%
1 Month5.31%
3 Month15.73%
6 Month27.14%
12 Month38.83%
2 Year45.99%
3 Year19.81%
5 Year13.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.19
ATR(20)%2.8%
ATR Inc-48.08%
Range Today0.95
ADR(20)3.38
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.99
Mansfield2.29
10 Day High143.75
10 Day Low133.6
20 Day High143.75
20 Day Low116.2
52 Week High143.75
52 Week Low99.78
CS1 End131.05
CR1 StartN/A
Volume & EV
DER(3)5.17%
DER(5)4.38%
Volume122.21K
Volume Incr-36.33%
Vol(5)801.72K
Vol(50)1.06M