TEVA PHARMACEUTICAL-SP ADR (TEVA) Stock Technical Analysis
NYSE:TEVA - New York Stock Exchange, Inc. - US8816242098 - ADR - Currency: USD
Taking everything into account, TEVA scores 6 out of 10 in our technical rating. In the last year, TEVA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TEVA 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.89, a Stop Loss order could be placed below this zone.
More info and screens
13.44
We found 3 important support areas.
- A support zone ranging from 16.57 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.15 from a trend line in the weekly time frame.
- Support @13.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.77 to 18.15. This zone is formed by a combination of multiple trend lines 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 TEVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEVA is neutral. |
| ChartMill Relative Strength | 54.67 | NEUTRAL | TEVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEVA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.81 | NEUTRAL | The RSI value for TEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TEVA has a negative trend. |
| Stochastics (14,3) | 35.88 | NEUTRAL | The Stochastics value for TEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for TEVA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 17.43 | 16.81 | 0.62 (3.53%) | 25.00% |
| An entry @17.43. This is a Buy Stop order right above the 10 day moving average. | An exit @16.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.62 points, which is 3.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- The distance between exit and entry is rather small compared to the average daily movement of TEVA. 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.
NYSE:TEVA (6/20/2025, 10:58:02 AM)
17.04
-0.02 (-0.12%)