GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
USA - NYSE:TV - US40049J2069 - ADR
Taking everything into account, TV scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TV is only an average performer.
Although TV has an excellent technical rating, it does not offer a high quality setup 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
2.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.49 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.36 to 2.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @2.74 from a trend line in the daily time frame.
- Resistance @2.88 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.94 to 2.94. 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 | UP | POSITIVE | The long term trend for TV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TV is up. |
| ChartMill Relative Strength | 40.45 | NEUTRAL | TV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.19 | NEUTRAL | The RSI value for TV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.04 | NEUTRAL | The Stochastics value for TV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for TV suggests a possible start of a new trend. |
2.64
-0.04 (-1.49%)
GRUPO TELEVISA SA-SPON ADR / TV FAQ
What is the ChartMill technical rating of GRUPO TELEVISA SA-SPON ADR (TV) stock?
ChartMill assigns a technical rating of 7 / 10 to TV.
What is the current trend direction of GRUPO TELEVISA SA-SPON ADR (TV) stock?
The current trend direction for GRUPO TELEVISA SA-SPON ADR (TV) is Bullish.
Can you provide the RSI signal for GRUPO TELEVISA SA-SPON ADR?
GRUPO TELEVISA SA-SPON ADR (TV) has an RSI value of 56.1914. This indicates that the stock is currently neutral.
What is the MACD signal for GRUPO TELEVISA SA-SPON ADR (TV) stock?
The MACD indicator for GRUPO TELEVISA SA-SPON ADR (TV) has a value of 0.0395439, indicating a bearish trend.
Can you provide the short term momentum for GRUPO TELEVISA SA-SPON ADR?
The short term momentum for GRUPO TELEVISA SA-SPON ADR (TV) is positive.