TELE2 AB-B SHS (TEL2B.ST) Stock Technical Analysis
STO:TEL2B - Nasdaq Stockholm AB - SE0005190238 - Common Stock - Currency: SEK
We assign a technical rating of 10 out of 10 to TEL2B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEL2B is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TEL2B did better than 90% of all other stocks.
TEL2B is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TEL2B has a been trading in the 116.20 - 140.00 range, which is quite wide. It is currently trading near the high of this range.
TEL2B has an average volume of 1051940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, TEL2B also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 129.42, a Stop Loss order could be placed below this zone.
More info and screens
106.03
139.64
We found 5 important support areas.
- A support zone ranging from 129.10 to 129.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @127.00 from a trend line in the daily time frame.
- A support zone ranging from 122.70 to 124.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @114.55 from a trend line in the weekly time frame.
- Support @107.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 138.26 to 138.26. This zone is formed by a combination of multiple trend lines 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
CRS90.1
Mansfield2.31
10 Day High140
10 Day Low121.4
20 Day High140
20 Day Low116.2
52 Week High140
52 Week Low99.78
Performance
1 Week1.69%
2 Weeks8.22%
1 Month4.89%
3 Month21.7%
6 Month22.24%
12 Month32.11%
2 Year26.89%
3 Year6.1%
5 Year8.52%
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)0.57
RSI(14)63.26
LBB123.56
UBB141.63
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 138.27 | 129.09 | 9.18 (6.64%) | 15.06% |
| An entry @138.27. This is a Buy Stop order right above the resistance zone. | An exit @129.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.18 points, which is 6.64%. | For a 1.00% total portfolio risk, you can invest 15.06% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:TEL2B (4/25/2025, 5:30:48 PM)
138.25
+0.45 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week1.69%
2 Weeks8.22%
1 Month4.89%
3 Month21.7%
6 Month22.24%
12 Month32.11%
2 Year26.89%
3 Year6.1%
5 Year8.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.82
ATR(20)%2.89%
ATR Inc-45.59%
Range Today2.25
ADR(20)3.38
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.1
Mansfield2.31
10 Day High140
10 Day Low121.4
20 Day High140
20 Day Low116.2
52 Week High140
52 Week Low99.78
CS1 End129.42
CR1 Start138.26
Volume & EV
DER(3)-2.67%
DER(5)0.09%
Volume820.52K
Volume Incr-10.39%
Vol(5)1.12M
Vol(50)1.05M