TELECOM ARGENTINA SA-SP ADR (TEO) Stock Technical Analysis
USA - NYSE:TEO - US8792732096 - ADR
10.89 USD
+2.97 (+37.5%)
10.71 USD
-0.18 (-1.65%)
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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than TEO.
TEO is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry, of which 62% are performing better than TEO.
In the last month TEO has a been trading in the 6.93 - 8.08 range, which is quite wide. It is currently trading near the high of this range.
TEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEO is lagging the market.
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.
More info and screens
6.74
11.00
5 important support areas can be observed.
- Support @9.68 from a trend line in the daily time frame.
- Support @8.64 from a trend line in the weekly time frame.
- A support zone ranging from 7.87 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.25 to 7.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.81 from a trend line in the weekly time frame.
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. |
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)
10.89
+2.97 (+37.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg37.5%
1 Week0.25%
2 Weeks5.74%
1 Month6.88%
3 Month-15.65%
6 Month-18.69%
12 Month-8.44%
2 Year59.04%
3 Year89.93%
5 Year23.56%
10 Year-59.41%
15 Year-66.78%
Volatility
ATR(14)0.48
ATR(20)%5.23%
ATR Inc8.57%
Range Today1.35
ADR(20)0.41
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.2
3 months CRS12.12
6 months CRS9.42
Mansfield-3.28
10 Day High8.08
10 Day Low7.07
20 Day High8.08
20 Day Low6.93
52 Week High15.54
52 Week Low6.43
CS1 End7.36
CR1 Start7.93
Volume & EV
DER(3)-3.47%
DER(5)-5.04%
Volume2.26M
Volume Incr-6.39%
Vol(5)302.64K
Vol(50)306.60K
TELECOM ARGENTINA SA-SP ADR / TEO FAQ
What is the ChartMill technical rating of TELECOM ARGENTINA SA-SP ADR (TEO) stock?
ChartMill assigns a technical rating of 1 / 10 to TEO.
What is the current trend direction of TELECOM ARGENTINA SA-SP ADR (TEO) stock?
The current trend direction for TELECOM ARGENTINA SA-SP ADR (TEO) is Bearish.
Can you provide the RSI signal for TELECOM ARGENTINA SA-SP ADR?
TELECOM ARGENTINA SA-SP ADR (TEO) has an RSI value of 54.9936. This indicates that the stock is currently neutral.
What is the MACD signal for TELECOM ARGENTINA SA-SP ADR (TEO) stock?
The MACD indicator for TELECOM ARGENTINA SA-SP ADR (TEO) has a value of 0.0569414, indicating a bearish trend.