TELUS CORP (TU) Stock Technical Analysis
NYSE:TU - New York Stock Exchange, Inc. - CA87971M1032 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TU is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month TU has a been trading in the 14.66 - 16.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TU has an average volume of 3724670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TU outperforms 43% of them, which is more or less in line with the market.
TU is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, TU did better than 56% of them.
TU 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 TU is lagging the market slightly.
TU 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 15.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.37, 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
13.31
16.51
3 important support areas can be observed.
- A support zone ranging from 14.88 to 15.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.22 from a trend line in the weekly time frame.
- A support zone ranging from 13.44 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.86 to 16.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.49
Mansfield-0.29
10 Day High16.01
10 Day Low14.87
20 Day High16.01
20 Day Low14.66
52 Week High17.27
52 Week Low13.24
Performance
1 Week3.33%
2 Weeks0.98%
1 Month6.01%
3 Month0.98%
6 Month2.37%
12 Month-6.56%
2 Year-18.13%
3 Year-37.98%
5 Year-10.54%
10 Year-8.78%
15 Year79.85%
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)0.05
RSI(14)57.1
LBB14.63
UBB15.98
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 |
|---|---|---|---|
| 16.01 | 14.87 | 1.14 (7.12%) | 14.04% |
| An entry @16.01. This is a Buy Stop order right above the resistance zone. | An exit @14.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.14 points, which is 7.12%. | When investing 14.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
15.53
-0.12 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.77%
1 Week3.33%
2 Weeks0.98%
1 Month6.01%
3 Month0.98%
6 Month2.37%
12 Month-6.56%
2 Year-18.13%
3 Year-37.98%
5 Year-10.54%
10 Year-8.78%
15 Year79.85%
Volatility
ATR(14)0.33
ATR(20)%1.9%
ATR Inc4.62%
Range Today0.27
ADR(20)0.28
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.49
Mansfield-0.29
10 Day High16.01
10 Day Low14.87
20 Day High16.01
20 Day Low14.66
52 Week High17.27
52 Week Low13.24
CS1 End15.37
CR1 Start15.86
Volume & EV
DER(3)-3.38%
DER(5)-0.31%
Volume2.79M
Volume Incr24.22%
Vol(5)4.01M
Vol(50)3.72M