TELUS CORP (TU) Technical Analysis
NYSE:TU • CA87971M1032
Current stock price
12.86 USD
-0.11 (-0.85%)
At close:
12.85 USD
-0.01 (-0.08%)
After Hours:
TU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TU. TU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TU is a bad performer in the overall market: 77% of all stocks are doing better.
- TU is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 80% of 37 stocks in the same industry do better.
- TU is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TU is lagging the market.
- TU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- TU has an average volume of 5941810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TU Weekly and Daily overview Charts
TU Setup Rating and Analysis
TU has a poor technical rating and the quality of the setup is also not perfect 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
TU Support and Resistance Analysis
12.47
16.79
When analyzing the support we notice one important area.
- A support zone ranging from 12.60 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.91 to 12.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.17 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.03 to 14.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.62 from a horizontal line in the weekly time frame.
TU 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 | DOWN | NEGATIVE | The long term trend for TU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TU is down. |
| ChartMill Relative Strength | 23.1 | NEGATIVE | TU has a low relative strength, it was outperformed by 76.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.58 | NEUTRAL | The RSI value for TU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.33 | NEUTRAL | The Stochastics value for TU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for TU suggests low volalility. |
| Average Directional Index/ADX (14) | 34.25 | POSITIVE | The high ADX value value for TU suggests a strong trend. |
TU Chart- and CandleStick Pattern Analysis
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)
TU Technicals: Chart, Performance Metrics, Trend & Indicators
12.86
-0.11 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.85%
1 Week-0.16%
2 Weeks-2.13%
1 Month-6.74%
3 Month-1.91%
6 Month-18.04%
12 Month-11.06%
2 Year-19.98%
3 Year-39.37%
5 Year-38.02%
10 Year-18.76%
15 Year2.53%
Volatility
ATR(14)0.23
ATR(20)%1.96%
ATR Inc23.15%
Range Today0.3
ADR(20)0.23
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.1
3 months CRS47.16
6 months CRS24.61
Mansfield-1.55
10 Day High13.28
10 Day Low12.58
20 Day High13.92
20 Day Low12.58
52 Week High16.74
52 Week Low12.54
CS1 End12.61
CR1 Start12.91
Volume & EV
DER(3)1.59%
DER(5)4.85%
Volume10.16M
Volume Incr3.21%
Vol(5)6.41M
Vol(50)5.94M
TELUS CORP / TU TA FAQ
What is the technical rating for TU stock?
ChartMill assigns a technical rating of 0 / 10 to TU.
What is the current trend direction of TELUS CORP (TU) stock?
The current trend direction for TELUS CORP (TU) is Bearish.
Can you provide the RSI signal for TELUS CORP?
TELUS CORP (TU) has an RSI value of 38.5844. This indicates that the stock is currently neutral.
What is the MACD signal for TELUS CORP (TU) stock?
The MACD indicator for TELUS CORP (TU) has a value of -0.0202963, indicating a bearish trend.
Can you provide the buy/sell signal for TELUS CORP?
The buy/sell signal for TELUS CORP (TU) is sell as both the short term and long term trends are negative.