TEVA PHARMACEUTICAL-SP ADR (TEVA) Stock Technical Analysis
NYSE:TEVA - New York Stock Exchange, Inc. - US8816242098 - ADR - Currency: USD
Overall TEVA gets a technical rating of 6 out of 10. TEVA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TEVA has a been trading in the 14.99 - 17.90 range, which is quite wide. It is currently trading near the high of this range.
TEVA has an average volume of 11352600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TEVA turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
TEVA is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, TEVA did better than 52% of them.
TEVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEVA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TEVA has an average technical rating and it also does not offer a high quality setup 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
13.53
18.33
5 important support areas can be observed.
- A support zone ranging from 16.42 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.71 from a trend line in the daily time frame.
- A support zone ranging from 15.38 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.71 from a trend line in the weekly time frame.
- Support @13.67 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.87 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 | NEUTRAL | NEUTRAL | The long term trend for TEVA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEVA is up. |
| ChartMill Relative Strength | 44.62 | NEUTRAL | TEVA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of TEVA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.52 | NEUTRAL | The RSI value for TEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests TEVA has a positive trend. |
| Stochastics (14,3) | 96.01 | OVERBOUGHT | The high Stochastics value suggests TEVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for TEVA 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)
17.86
+0.32 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.82%
1 Week9.1%
2 Weeks16.12%
1 Month11.21%
3 Month5.43%
6 Month9.91%
12 Month-2.19%
2 Year82.99%
3 Year97.57%
5 Year80.95%
10 Year-72.27%
15 Year-64.72%
Volatility
ATR(14)0.54
ATR(20)%2.7%
ATR Inc-14.35%
Range Today0.35
ADR(20)0.45
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.62
Mansfield-0.6
10 Day High17.9
10 Day Low15.46
20 Day High17.9
20 Day Low14.99
52 Week High22.8
52 Week Low12.47
CS1 End16.71
CR1 Start17.87
Volume & EV
DER(3)2.9%
DER(5)3.48%
Volume8.35M
Volume Incr-27.1%
Vol(5)9.51M
Vol(50)11.35M