GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
NYSE:TV - New York Stock Exchange, Inc. - US40049J2069 - ADR - Currency: USD
Taking everything into account, TV scores 3 out of 10 in our technical rating. TV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
73% of all other stocks performed better in the past year than TV.
In the last month TV has a been trading in the 2.03 - 2.49 range, which is quite wide. It is currently trading near the lows of this range.
TV has an average volume of 1869230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TV is an average performer in the Media industry, it outperforms 51% of 97 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days.
TV has a poor technical rating and the quality of the setup is also only medium 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
2.54
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.35 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.51 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for TV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TV is down. |
| ChartMill Relative Strength | 27.33 | NEGATIVE | TV has a low relative strength, it was outperformed by 72.67% off all stocks 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 | MIXED | The current price of TV is below 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) | 41.58 | 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) | 9.52 | OVERSOLD | The low Stochastics value suggests TV may be oversold. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TV suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | 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)
2.08
-0.02 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.95%
1 Week-4.59%
2 Weeks-11.11%
1 Month-7.14%
3 Month11.23%
6 Month21.64%
12 Month-13.69%
2 Year-60.83%
3 Year-73.4%
5 Year-62.79%
10 Year-94.03%
15 Year-89.05%
Volatility
ATR(14)0.07
ATR(20)%4.3%
ATR Inc4.18%
Range Today0.1
ADR(20)0.09
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.33
Mansfield-0.52
10 Day High2.37
10 Day Low2.03
20 Day High2.49
20 Day Low2.03
52 Week High2.71
52 Week Low1.55
CS1 End2.07
CR1 Start2.35
Volume & EV
DER(3)-1.21%
DER(5)-3.31%
Volume1.51M
Volume Incr-52.11%
Vol(5)742.05K
Vol(50)1.87M