TEVA PHARMACEUTICAL-SP ADR (TEVA) Technical Analysis
NYSE:TEVA • US8816242098
Current stock price
TEVA Technical Rating and Analysis
We assign a technical rating of 5 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 90% of all stocks. We also observe that the gains produced by TEVA over the past year are nicely spread over this period.
- TEVA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 79% of 192 stocks in the same industry.
- TEVA has an average volume of 8551440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- TEVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TEVA is lagging the market slightly.
- In the last month TEVA has a been trading in the 28.29 - 31.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TEVA Weekly and Daily overview Charts
TEVA Setup Rating and Analysis
Although the technical rating is only medium, TEVA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 30.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.62, 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
25.29
2 important support areas can be observed.
- A support zone ranging from 28.35 to 28.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.55 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.09 to 30.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for TEVA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEVA is down. |
| ChartMill Relative Strength | 90.75 | POSITIVE | TEVA has a high relative strength, it outperformed 90.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TEVA is above a declining 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) | 47.35 | NEUTRAL | The RSI value for TEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests TEVA has a positive trend. |
| Stochastics (14,3) | 80.33 | OVERBOUGHT | The high Stochastics value suggests TEVA may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.75 | POSITIVE | The high ADX value value for TEVA suggests a strong trend. |
TEVA Chart- and CandleStick Pattern Analysis
TEVA Technicals: Chart, Performance Metrics, Trend & Indicators
30.08
-0.17 (-0.56%)
TEVA PHARMACEUTICAL-SP ADR / TEVA TA FAQ
What is the technical rating for TEVA stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
What is the RSI signal for TEVA stock?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has an RSI value of 47.3457. 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 negative.
What are the support and resistance levels for TEVA PHARMACEUTICAL-SP ADR (TEVA) stock?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has a support level at 28.62 and a resistance level at 30.09. Check the full technical report for our detailed analysis of TEVA support and resistance levels.