Análisis Chartista

Market Data

Name: Telefonica
Country: Spain
ISIN: ES0178430E18
RIC: TEF.MC
Short term opinion: Consolidation
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Last: 7,03
Pivot: 7,25
Supports: 6,56 / 6,43 / 6,30
Resistances: 7,25 / 7,47 / 7,61
11/10/2018 09:10

Telefonica ST: short term technical rebound towards 7.25 before a new drop


The MACD is positive and above its signal line.

Our pivot point is at 7.25.

Our preference: short term technical rebound towards 7.25 before a new drop.

Alternative scenario: the upside breakout of 7.25 would call for 7.47 and 7.61.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above its 20 day MA (6.86) but under its 50 day MA (7.07).

Supports and resistances:
7.61 **
7.47 *
7.25 **
7.16
7.03 (EUR-last)
6.69
6.56 **
6.43 *
6.3 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-11-2018 at 10:10 UTC+1
Price reference: 7.03 last known on 10-11-2018 at 10:10 UTC+1
Investment horizon: ST

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
TelefonicaLimited declineLimited rise
TelefonicaLimited riseLimited rise
TelefonicaLimited declineLimited rise
TelefonicaLimited riseLimited rise
TelefonicaConsolidationLimited rise
TelefonicaLimited declineLimited rise
TelefonicaLimited declineLimited rise
TelefonicaLimited riseLimited rise
TelefonicaLimited riseLimited rise
TelefonicaLimited riseLimited rise