GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
NYSE:TV - New York Stock Exchange, Inc. - US40049J2069 - ADR - Currency: USD
Overall TV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TV is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TV did better than 80% of all other stocks.
TV is one of the better performing stocks in the Media industry, it outperforms 76% of 98 stocks in the same industry.
TV has an average volume of 1824660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TV is lagging the market.
In the last month TV has a been trading in the 2.03 - 2.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TV has an excellent technical rating, the quality of the presented setup is not ideal 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
2.05
2.37
2 important support areas can be observed.
- A support zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.07 to 2.07. 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 | 80.49 | POSITIVE | TV has a high relative strength, it outperformed 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TV is below 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) | DOWN | MIXED | The current price of TV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | 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. |
| Stochastics (14,3) | 11.83 | OVERSOLD | The low Stochastics value suggests TV may be oversold. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for TV suggests high volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for TV suggests a weak or negative 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 |
|---|---|---|---|
| 2.45 | 2.26 | 0.19 (7.60%) | 13.15% |
| An entry @2.45. This is a Buy Stop order right above the 10 day moving average. | An exit @2.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.19 points, which is 7.60%. | When investing 13.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
2.35
-0.03 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.26%
1 Week-4.47%
2 Weeks-16.07%
1 Month11.9%
3 Month16.92%
6 Month8.29%
12 Month20.51%
2 Year-47.54%
3 Year-62.88%
5 Year-62.22%
10 Year-92.31%
15 Year-87.29%
Volatility
ATR(14)0.14
ATR(20)%5.93%
ATR Inc-33.33%
Range Today0.1
ADR(20)0.13
ADR(20)%5.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.49
Mansfield0.42
10 Day High2.8
10 Day Low2.27
20 Day High2.89
20 Day Low2.03
52 Week High2.89
52 Week Low1.55
CS1 End2.21
CR1 StartN/A
Volume & EV
DER(3)3.2%
DER(5)-1.34%
Volume1.10M
Volume Incr-28.56%
Vol(5)1.37M
Vol(50)1.82M