TELEFONICA BRASIL-ADR (VIV) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VIV • US87936R2058
Taking everything into account, VIV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIV is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that VIV is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by VIV over the past year are nicely spread over this period.
- VIV is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 82% of 36 stocks in the same industry.
- VIV 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 VIV has a been trading in the 11.93 - 14.67 range, which is quite wide. It is currently trading near the high of this range.
Although VIV 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
11.62
We found 3 important support areas.
- A support zone ranging from 12.45 to 12.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.19 from a trend line in the weekly time frame.
- A support zone ranging from 11.74 to 11.95. 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 VIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIV is up. |
| ChartMill Relative Strength | 91.29 | POSITIVE | VIV has a high relative strength, it outperformed 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.04 | OVERBOUGHT | The high RSI value suggests VIV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests VIV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.73 | OVERBOUGHT | The high Stochastics value suggests VIV may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for VIV suggests some volalility. |
| Average Directional Index/ADX (14) | 29.71 | POSITIVE | The high ADX value value for VIV suggests a strong trend. |
14.18
-0.27 (-1.87%)
TELEFONICA BRASIL-ADR / VIV FAQ
Can you provide the ChartMill technical rating for TELEFONICA BRASIL-ADR?
ChartMill assigns a technical rating of 10 / 10 to VIV.
What is the trend direction for VIV stock?
The current trend direction for TELEFONICA BRASIL-ADR (VIV) is Bullish.
What is the RSI signal for TELEFONICA BRASIL-ADR (VIV) stock?
TELEFONICA BRASIL-ADR (VIV) has an RSI value of 70.042. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TELEFONICA BRASIL-ADR?
The MACD indicator for TELEFONICA BRASIL-ADR (VIV) has a value of 0.205016, indicating a bearish trend.
Can you provide the support and resistance levels for TELEFONICA BRASIL-ADR?
TELEFONICA BRASIL-ADR (VIV) has a support level at 12.95. Check the full technical report for our detailed analysis of VIV support and resistance levels.