USA - NYSE:TEO - US8792732096 - ADR
Overall TEO gets a technical rating of 1 out of 10. TEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TEO is bad and it also does not present a 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.
6.74
5 important support areas can be observed.
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 TEO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEO is neutral. |
| ChartMill Relative Strength | 17.2 | NEGATIVE | TEO has a low relative strength, it was outperformed by 82.8% off all stocks 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) | DOWN | MIXED | The current price of TEO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TEO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.99 | NEUTRAL | The RSI value for TEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TEO has a positive trend. |
| Stochastics (14,3) | 61.41 | NEUTRAL | The Stochastics value for TEO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for TEO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for TEO suggests a weak or negative trend. |
10.89
+2.97 (+37.5%)
ChartMill assigns a technical rating of 1 / 10 to TEO.
The current trend direction for TELECOM ARGENTINA SA-SP ADR (TEO) is Bearish.
TELECOM ARGENTINA SA-SP ADR (TEO) has an RSI value of 54.9936. This indicates that the stock is currently neutral.
The MACD indicator for TELECOM ARGENTINA SA-SP ADR (TEO) has a value of 0.0569414, indicating a bearish trend.