TELECOM ARGENTINA SA-SP ADR (TEO) Technical Analysis
NYSE:TEO • US8792732096
Current stock price
TEO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to TEO. In the past year, TEO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- TEO is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry, of which 66% are performing better than TEO.
- TEO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TEO is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, TEO outperforms 58% of them, which is more or less in line with the market.
- In the last month TEO has a been trading in the 10.54 - 12.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
TEO Weekly and Daily overview Charts
TEO Setup Rating and Analysis
TEO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TEO Support and Resistance Analysis
7.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.47 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.22 from a trend line in the daily time frame.
- A support zone ranging from 10.79 to 10.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.14 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.79 to 11.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.30 to 13.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
TEO 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 | NEUTRAL | NEUTRAL | The long term trend for TEO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEO is neutral. |
| ChartMill Relative Strength | 58.72 | NEUTRAL | TEO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TEO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for TEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TEO has a positive trend. |
| Stochastics (14,3) | 66.85 | NEUTRAL | The Stochastics value for TEO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for TEO suggests high volalility. |
| Average Directional Index/ADX (14) | 10.25 | NEGATIVE | The low ADX value for TEO suggests a weak or negative trend. |
TEO Chart- and CandleStick Pattern Analysis
TEO Technicals: Chart, Performance Metrics, Trend & Indicators
11.75
-0.1 (-0.84%)
TELECOM ARGENTINA SA-SP ADR / TEO TA FAQ
What is the ChartMill technical rating of TELECOM ARGENTINA SA-SP ADR (TEO) stock?
ChartMill assigns a technical rating of 4 / 10 to TEO.
What is the trend direction for TEO stock?
The current trend direction for TELECOM ARGENTINA SA-SP ADR (TEO) is Bearish.
What is the RSI signal for TEO stock?
TELECOM ARGENTINA SA-SP ADR (TEO) has an RSI value of 52.6356. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TELECOM ARGENTINA SA-SP ADR?
The MACD indicator for TELECOM ARGENTINA SA-SP ADR (TEO) has a value of 0.0410026, indicating a bearish trend.