TELUS CORP (TU) Stock Technical Analysis
USA - NYSE:TU - CA87971M1032 - Common Stock
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.
Although the technical rating is bad, TU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TU 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
14.82
We found 1 important support area.
- Support @14.97 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.07 to 15.33. 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 15.72 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.41 to 16.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 22.19 | NEGATIVE | TU has a low relative strength, it was outperformed by 77.81% 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) | UP | MIXED | The current price of TU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.84 | NEUTRAL | The RSI value for TU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TU has a positive trend. |
| Stochastics (14,3) | 33.53 | NEUTRAL | The Stochastics value for TU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for TU suggests low volalility. |
| Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for TU suggests a strong trend. |
15.06
-0.03 (-0.2%)
TELUS CORP / TU FAQ
What is the technical rating for TU stock?
ChartMill assigns a technical rating of 0 / 10 to TU.
Can you provide the trend direction for TELUS CORP?
The current trend direction for TELUS CORP (TU) is Bearish.
What is the RSI signal for TELUS CORP (TU) stock?
TELUS CORP (TU) has an RSI value of 36.8384. This indicates that the stock is currently neutral.
What is the MACD signal for TU stock?
The MACD indicator for TELUS CORP (TU) has a value of 0.00812279, indicating a bearish trend.
What is the short term momentum for TELUS CORP (TU) stock?
The short term momentum for TELUS CORP (TU) is negative.