GRUPO TELEVISA SA-SPON ADR (TV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TV - US40049J2069 - ADR
Overall TV gets a technical rating of 10 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.
Besides having an excellent technical rating, TV also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.81, a Stop Loss order could be placed below this zone.
More info and screens
2.64
3 important support areas can be observed.
- A support zone ranging from 2.79 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.72 from a trend line in the daily time frame.
- A support zone ranging from 2.67 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.97 to 3.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 92.98 | POSITIVE | TV has a high relative strength, it outperformed 92.98% 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) | 52.26 | NEUTRAL | The RSI value for TV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TV has a negative trend. |
| Stochastics (14,3) | 33.47 | NEUTRAL | The Stochastics value for TV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for TV suggests some volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for TV suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 3.01 | 2.85 | 0.16 (5.32%) | 18.81% |
| An entry @3.01. This is a Buy Stop order right above the resistance zone. | An exit @2.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 5.32%. | For a 1.00% total portfolio risk, you can invest 18.81% of your capital in this trade. |
- 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.
2.93
+0.01 (+0.34%)
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 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 52.2622. 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 -0.0125, 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.