Telenet Group Hldgs NV (TNET.BR) Stock Technical Analysis
EBR:TNET - Euronext Brussels - BE0003826436 - Common Stock - Currency: EUR
Overall TNET gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TNET is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TNET is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, TNET also shows a nice and consistent pattern of rising prices.
TNET is part of the Media industry. There are 61 other stocks in this industry. TNET outperforms 91% of them.
TNET is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TNET has a been trading in a tight range between 20.84 and 21.28.
Considerably lower volume is observed in the last couple of days.
TNET has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.61
21.50
We found 2 important support areas.
- A support zone ranging from 21.01 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.81 to 19.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.29 to 21.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.52
Mansfield1.16
10 Day High21.28
10 Day Low21.12
20 Day High21.28
20 Day Low20.84
52 Week High21.32
52 Week Low13.15
Performance
1 Week0.38%
2 Weeks0.47%
1 Month0.66%
3 Month2.7%
6 Month1.53%
12 Month59.76%
2 Year-31.49%
3 Year-35.52%
5 Year-50.37%
10 Year-47.39%
15 Year75.29%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)66.41
LBB21.13
UBB21.27
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 |
|---|---|---|---|
| 21.30 | 21.11 | 0.19 (0.89%) | 25.00% |
| An entry @21.30. This is a Buy Stop order right above the resistance zone. | An exit @21.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.89%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
EBR:TNET (10/13/2023, 7:00:00 PM)
21.28
+0.08 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.38%
1 Week0.38%
2 Weeks0.47%
1 Month0.66%
3 Month2.7%
6 Month1.53%
12 Month59.76%
2 Year-31.49%
3 Year-35.52%
5 Year-50.37%
10 Year-47.39%
15 Year75.29%
Volatility
ATR(14)0.09
ATR(20)%0.51%
ATR Inc35.48%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.52
Mansfield1.16
10 Day High21.28
10 Day Low21.12
20 Day High21.28
20 Day Low20.84
52 Week High21.32
52 Week Low13.15
CS1 End21.21
CR1 Start21.29
Volume & EV
DER(3)-0.35%
DER(5)0.33%
Volume7.17K
Volume Incr-41.82%
Vol(5)19.12K
Vol(50)37.52K