TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
STO:TEL2B - Nasdaq Stockholm AB - SE0005190238 - Common Stock - Currency: SEK
Overall TEL2B gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TEL2B has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TEL2B did better than 85% of all other stocks. On top of that, TEL2B also shows a nice and consistent pattern of rising prices.
TEL2B is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TEL2B slightly outperforms the market at the moment.
In the last month TEL2B has a been trading in a tight range between 122.17 and 129.45.
Although TEL2B 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
106.03
130.29
When analyzing the support we can see 3 important areas.
- Support @123.25 from a horizontal line in the daily time frame.
- Support @110.91 from a trend line in the weekly time frame.
- A support zone ranging from 107.10 to 107.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.75 to 129.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.9
Mansfield1.21
10 Day High129.45
10 Day Low122.7
20 Day High129.45
20 Day Low122.18
52 Week High129.45
52 Week Low85.27
Performance
1 Week-1.37%
2 Weeks1.24%
1 Month1.65%
3 Month7.83%
6 Month6.87%
12 Month45.72%
2 Year22.08%
3 Year-11.61%
5 Year-4.87%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.56
RSI(14)58.18
LBB121.91
UBB129.85
STO:TEL2B (3/7/2025, 5:30:00 PM)
126.05
+2.8 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.27%
1 Week-1.37%
2 Weeks1.24%
1 Month1.65%
3 Month7.83%
6 Month6.87%
12 Month45.72%
2 Year22.08%
3 Year-11.61%
5 Year-4.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.09
ATR(20)%1.51%
ATR Inc69.2%
Range Today3.9
ADR(20)1.87
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.9
Mansfield1.21
10 Day High129.45
10 Day Low122.7
20 Day High129.45
20 Day Low122.18
52 Week High129.45
52 Week Low85.27
CS1 End123.25
CR1 Start126.75
Volume & EV
DER(3)-4.18%
DER(5)-2.29%
Volume1.51M
Volume Incr44.73%
Vol(5)1.08M
Vol(50)894.29K