TEVA PHARMACEUTICAL-SP ADR (TEVA) Technical Analysis
NYSE:TEVA • US8816242098
Current stock price
TEVA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TEVA. TEVA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that TEVA is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, TEVA also shows a nice and consistent pattern of rising prices.
- TEVA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 79% of 192 stocks in the same industry.
- TEVA 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 TEVA is performing more or less in line with the market.
- In the last month TEVA has a been trading in the 27.93 - 31.00 range, which is quite wide. It is currently trading near the high of this range.
- TEVA has an average volume of 8177840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
TEVA Weekly and Daily overview Charts
TEVA Setup Rating and Analysis
TEVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 28.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TEVA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TEVA Support and Resistance Analysis
28.07
We found 1 important support area.
- A support zone ranging from 28.35 to 28.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @30.97 from a horizontal line in the daily time frame.
TEVA 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 TEVA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEVA is neutral. |
| ChartMill Relative Strength | 92.1 | POSITIVE | TEVA has a high relative strength, it outperformed 92.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for TEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests TEVA has a positive trend. |
| Stochastics (14,3) | 80.41 | OVERBOUGHT | The high Stochastics value suggests TEVA may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.97 | POSITIVE | The high ADX value value for TEVA suggests a strong trend. |
TEVA Chart- and CandleStick Pattern Analysis
TEVA Example Setup
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 |
|---|---|---|---|
| 30.98 | 27.92 | 3.06 (9.88%) | 10.12% |
| An entry @30.98. This is a Buy Stop order right above the resistance zone. | An exit @27.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.06 points, which is 9.88%. | When investing 10.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TEVA Technicals: Chart, Performance Metrics, Trend & Indicators
30.96
+0.44 (+1.44%)
TEVA PHARMACEUTICAL-SP ADR / TEVA TA FAQ
What is the technical rating for TEVA stock?
ChartMill assigns a technical rating of 7 / 10 to TEVA.
What is the current trend direction of TEVA PHARMACEUTICAL-SP ADR (TEVA) stock?
The current trend direction for TEVA PHARMACEUTICAL-SP ADR (TEVA) is Bearish.
What is the RSI signal for TEVA stock?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has an RSI value of 53.9935. This indicates that the stock is currently neutral.
What is the short term momentum for TEVA stock?
The short term momentum for TEVA PHARMACEUTICAL-SP ADR (TEVA) is neutral.
What are the support and resistance levels for TEVA PHARMACEUTICAL-SP ADR (TEVA) stock?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has a support level at 28.97 and a resistance level at 30.97. Check the full technical report for our detailed analysis of TEVA support and resistance levels.