TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:TEL2B - SE0005190238 - Common Stock
We assign a technical rating of 5 out of 10 to TEL2B. Although TEL2B is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TEL2B has an average technical rating and also the quality of the setup is only medium 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
130.90
2 important support areas can be observed.
- A support zone ranging from 144.44 to 150.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.22 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @151.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 166.86 to 167.53. 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 | NEUTRAL | NEUTRAL | The long term trend for TEL2B.ST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEL2B.ST is neutral. |
| ChartMill Relative Strength | 71.55 | POSITIVE | TEL2B.ST has a high relative strength, it outperformed 71.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEL2B.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TEL2B.ST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEL2B.ST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.03 | NEUTRAL | The RSI value for TEL2B.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TEL2B.ST has a positive trend. |
| Stochastics (14,3) | 64.64 | NEUTRAL | The Stochastics value for TEL2B.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for TEL2B.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for TEL2B.ST suggests a strong trend. |
STO:TEL2B (12/17/2025, 2:33:12 PM)
151.7
+2.05 (+1.37%)
TELE2 AB-B SHS / TEL2B.ST FAQ
What is the technical rating for TEL2B stock?
ChartMill assigns a technical rating of 5 / 10 to TEL2B.ST.
What is the trend direction for TEL2B stock?
The current trend direction for TELE2 AB-B SHS (TEL2B.ST) is Bearish.
What is the RSI signal for TEL2B stock?
TELE2 AB-B SHS (TEL2B.ST) has an RSI value of 53.0267. This indicates that the stock is currently neutral.
What is the MACD signal for TELE2 AB-B SHS (TEL2B.ST) stock?
The MACD indicator for TELE2 AB-B SHS (TEL2B.ST) has a value of 0.360981, indicating a bearish trend.
What is the short term momentum for TEL2B stock?
The short term momentum for TELE2 AB-B SHS (TEL2B.ST) is neutral.