GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
USA - NYSE:TV - US40049J2069 - ADR
2.69 USD
+0.05 (+1.89%)
2.69 USD
0 (0%)
Taking everything into account, TV scores 6 out of 10 in our technical rating. TV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month TV has a been trading in the 2.63 - 2.97 range, which is quite wide. It is currently trading near the lows of this range.
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.
TV is part of the Media industry. There are 98 other stocks in this industry. TV outperforms 72% of them.
TV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TV is lagging the market slightly.
TV has an average volume of 1460330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TV turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
Considerably lower volume is observed in the last couple of days.
TV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
2.32
2.97
We found 5 important support areas.
- Support @2.68 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.58 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.43 from a trend line in the daily time frame.
- Support @2.39 from a trend line in the weekly time frame.
- Support @2.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.90 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 | NEUTRAL | NEUTRAL | The short term trend for TV is neutral. |
| ChartMill Relative Strength | 66.87 | NEUTRAL | TV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TV is below a declining 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) | 49.18 | NEUTRAL | The RSI value for TV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.07 | OVERSOLD | The low Stochastics value suggests TV may be oversold. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for TV suggests some volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for TV suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 2.74 | 2.67 | 0.07 (2.48%) | 25.00% |
| An entry @2.74. This is a Buy Stop order right above the 10 day moving average. | An exit @2.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of TV. Please evaluate whether better entry and exit points can be found.
- 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.
2.69
+0.05 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.89%
1 Week-3.58%
2 Weeks-7.88%
1 Month-4.61%
3 Month14.96%
6 Month62.05%
12 Month3.46%
2 Year-11.8%
3 Year-50%
5 Year-56.47%
10 Year-89.66%
15 Year-85.78%
Volatility
ATR(14)0.1
ATR(20)%3.71%
ATR Inc-23.03%
Range Today0.07
ADR(20)0.1
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.87
Mansfield1.36
10 Day High2.94
10 Day Low2.63
20 Day High2.97
20 Day Low2.63
52 Week High2.97
52 Week Low1.55
CS1 End2.68
CR1 Start2.9
Volume & EV
DER(3)-1.76%
DER(5)-3%
Volume627.32K
Volume Incr-44.37%
Vol(5)641.24K
Vol(50)1.46M