TEL Technical Signal Analysis
TEL have 4 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -4.61%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of TEL over last 5 trading day is $237,580,079.02
4 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
3.11
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-185.6
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-99.12
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-3.44
Bearish
Momentum (10 days)
MOM_10 < 0
-10.54
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.38
Bearish
Closing price
close < fibonacci_S1
141.22
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
3.11
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-185.6
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-99.12
Bullish
TEL Support and Resistance Level
The support levels for TEL are at 142.65, 139.28, and 133.82, while the resistance levels are at 153.57, 156.94, and 162.4. With the current stock price at 141.22, it is leaning more toward the support levels.
TEL Technical Analysis
To perform a comprehensive technical analysis of TEL stock and determine whether to buy or sell, I have analyzed the provided data and technical indicators.
Technical Analysis
Price Trend and Volume
- Recent Close Price: $154.03 (2025-02-28)
- Price Movement: TEL has shown a steady upward trend over the past month, with the price increasing from $139.53 (2024-02-21) to $154.03. This indicates bullish momentum.
- Volume: The trading volume on 2025-02-28 was 2,377,280, which is higher than the average daily volume in February, suggesting strong market interest.
Key Technical Indicators
- RSI (14): 57.61
- RSI is in the neutral zone, indicating neither overbought nor oversold conditions. However, it is approaching the overbought threshold of 70, signaling caution.
- MACD:
- MACD Line: 1.55
- Signal Line: 1.51
- MACD Histogram: 0.04
- The MACD is positive, with a slight bullish crossover, confirming upward momentum.
- Stochastic Oscillator (14,3,3):
- %K: 65.47
- %D: 63.51
- The stochastic oscillator is in the mid-range, indicating moderate bullish momentum but not yet overbought.
- Bollinger Bands:
- Upper Band: $161.59
- Middle Band: $150.64
- Lower Band: $139.69
- Current price ($154.03) is above the middle band, suggesting bullish sentiment but nearing resistance at the upper band.
Support and Resistance Levels
- Support Levels:
- Fibonacci S1: $151.35
- Fibonacci S2: $149.87
- Resistance Levels:
- Fibonacci R1: $156.12
- Fibonacci R2: $157.60
- The stock is approaching the first resistance level of $156.12. A breakout above this level could lead to further gains.
Moving Averages
- Short-Term (SMA 5): $152.73
- Medium-Term (SMA 20): $150.64
- Long-Term (SMA 60): $148.50
- The stock is trading above all key moving averages, confirming a bullish trend.
Conclusion
- Buy or Sell Recommendation: Hold/Buy
- TEL is currently in a bullish trend, supported by positive technical indicators and strong price momentum. However, it is nearing resistance levels, so a cautious approach is advised. If the stock breaks above $156.12 with strong volume, it could be a good buying opportunity. Conversely, if it fails to break resistance, consider waiting for a pullback to the $150-$151 range before entering.
TEL FAQs
Which bull technical signals does TEL have?
Which bearish technical signals does TEL have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for TEL stock?
Is TEL a buy based on overall technical signals summary?
TEL Buy or Sell
TEL has 4 buy signals and 4 sell signals now. Overall the technical rating for TEL is Neutral.
Neutral
Sell
4
Buy
4
TEL Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 141.22 below the SMA_5. In the short term, the stock shows a negative trend with the 145.56 below the SMA_20. In the mid term, the stock shows a positive trend with the 150.75 above the SMA_60. In the long term, the stock shows a negative trend with the 147.79 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about TEL's current trend?What are TEL's key support and resistance levels?