TEVA PHARMACEUTICAL-SP ADR (TEVA) Stock Technical Analysis
USA - NYSE:TEVA - US8816242098 - ADR
Taking everything into account, TEVA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEVA is showing a nice and steady performance.
Although TEVA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.67
We found 6 important support areas.
- A support zone ranging from 19.49 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.04 from a horizontal line in the daily time frame.
- Support @17.64 from a trend line in the daily time frame.
- Support @17.06 from a trend line in the weekly time frame.
- Support @16.71 from a horizontal line in the daily time frame.
- Support @13.81 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 | UP | POSITIVE | The long term trend for TEVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEVA is up. |
| ChartMill Relative Strength | 92.52 | POSITIVE | TEVA has a high relative strength, it outperformed 92.52% 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) | UP | POSITIVE | The current price of TEVA is above the rising 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) | 82.66 | OVERBOUGHT | The high RSI value suggests TEVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests TEVA has a positive trend. |
| Stochastics (14,3) | 88.11 | OVERBOUGHT | The high Stochastics value suggests TEVA may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.58 | POSITIVE | The high ADX value value for TEVA suggests a strong trend. |
24.46
-0.14 (-0.57%)
TEVA PHARMACEUTICAL-SP ADR / TEVA FAQ
What is the technical rating for TEVA stock?
ChartMill assigns a technical rating of 9 / 10 to TEVA.
What is the trend direction for TEVA stock?
The current trend direction for TEVA PHARMACEUTICAL-SP ADR (TEVA) is Bullish.
Can you provide the RSI signal for TEVA PHARMACEUTICAL-SP ADR?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has an RSI value of 82.6646. This indicates that the stock is currently overbought.
Can you provide the short term momentum for TEVA PHARMACEUTICAL-SP ADR?
The short term momentum for TEVA PHARMACEUTICAL-SP ADR (TEVA) is positive.
What are the support and resistance levels for TEVA PHARMACEUTICAL-SP ADR (TEVA) stock?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has a support level at 19.69. Check the full technical report for our detailed analysis of TEVA support and resistance levels.