TEVA PHARMACEUTICAL-SP ADR (TEVA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TEVA • US8816242098
We assign a technical rating of 10 out of 10 to TEVA. Both in the recent history as in the last year, TEVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TEVA did better than 95% of all other stocks. On top of that, TEVA also shows a nice and consistent pattern of rising prices.
- TEVA is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. TEVA outperforms 85% of them.
- TEVA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- TEVA has an average volume of 10492100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TEVA has a been trading in the 30.70 - 37.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although TEVA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.13 to 34.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.95 to 31.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.25 from a trend line in the daily time frame.
- Support @18.62 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 | 95.57 | POSITIVE | TEVA has a high relative strength, it outperformed 95.57% 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) | 65.35 | NEUTRAL | The RSI value for TEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests TEVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.95 | NEUTRAL | The Stochastics value for TEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 40.6 | POSITIVE | The high ADX value value for TEVA suggests a strong trend. |
34.69
-0.11 (-0.32%)
TEVA PHARMACEUTICAL-SP ADR / TEVA FAQ
What is the technical rating for TEVA stock?
ChartMill assigns a technical rating of 10 / 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.
Can you provide the RSI signal for TEVA PHARMACEUTICAL-SP ADR?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has an RSI value of 65.3529. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TEVA PHARMACEUTICAL-SP ADR?
The MACD indicator for TEVA PHARMACEUTICAL-SP ADR (TEVA) has a value of 0.120031, indicating a bearish trend.
Can you provide the support and resistance levels for TEVA PHARMACEUTICAL-SP ADR?
TEVA PHARMACEUTICAL-SP ADR (TEVA) has a support level at 34.14. Check the full technical report for our detailed analysis of TEVA support and resistance levels.