GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TV - US40049J2069 - ADR
We assign a technical rating of 10 out of 10 to TV. 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 and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TV did better than 93% of all other stocks. On top of that, TV also shows a nice and consistent pattern of rising prices.
- TV is part of the Media industry. There are 92 other stocks in this industry. TV outperforms 93% of them.
- TV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TV has a been trading in the 2.85 - 3.48 range, which is quite wide. It is currently trading near the high of this range.
- TV has an average volume of 1581220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TV has an excellent technical rating, it does not present a decent entry opportunity 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
2.77
2 important support areas can be observed.
- A support zone ranging from 2.89 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.80 from a trend 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 | 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 | 93.83 | POSITIVE | TV has a high relative strength, it outperformed 93.83% off all stocks 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) | 67.77 | 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. |
| Stochastics (14,3) | 86.22 | OVERBOUGHT | The high Stochastics value suggests TV may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TV suggests some volalility. |
| Average Directional Index/ADX (14) | 26.77 | POSITIVE | The high ADX value value for TV suggests a strong trend. |
3.32
-0.08 (-2.35%)
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 10 / 10 to TV.
What is the trend direction for 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 67.7736. 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 0.0376304, 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.