Logo image of TEVA

TEVA PHARMACEUTICAL-SP ADR (TEVA) Stock Technical Analysis

NYSE:TEVA - New York Stock Exchange, Inc. - US8816242098 - ADR

21.92  +0.24 (+1.11%)

After market: 21.89 -0.03 (-0.14%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TEVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEVA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TEVA did better than 93% of all other stocks. On top of that, TEVA also shows a nice and consistent pattern of rising prices.
TEVA is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. TEVA outperforms 92% of them.
TEVA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TEVA is lagging the market slightly.
TEVA has an average volume of 9968400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TEVA has a been trading in the 20.14 - 22.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TEVA Weekly chart
TEVA Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, TEVA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for TEVA in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

16.09

22.14

4 important support areas can be observed.

  • A support zone ranging from 21.32 to 21.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @20.44 from a horizontal line in the daily time frame.
  • A support zone ranging from 16.99 to 17.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 16.25 to 16.45. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield2.21
10 Day High22.1
10 Day Low20.15
20 Day High22.8
20 Day Low20.15
52 Week High22.8
52 Week Low11.08
Performance
1 Week4.68%
2 Weeks2.91%
1 Month4.98%
3 Month22.12%
6 Month30.4%
12 Month96.06%
2 Year107.97%
3 Year160.02%
5 Year110.77%
10 Year-61.45%
15 Year-61.35%
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)-0.13
RSI(14)61.44
LBB20.36
UBB22.74
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
22.1121.310.80 (3.62%)25.00%
An entry @22.11. This is a Buy Stop order right above the 10 day high.An exit @21.31. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.80 points, which is 3.62%.For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of TEVA. Please evaluate whether better entry and exit points can be found.
  • 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.
TEVA Daily chart

TEVA PHARMACEUTICAL-SP ADR

NYSE:TEVA (1/17/2025, 8:04:00 PM)

After market: 21.89 -0.03 (-0.14%)

21.92

+0.24 (+1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.11%
1 Week4.68%
2 Weeks2.91%
1 Month4.98%
3 Month22.12%
6 Month30.4%
12 Month96.06%
2 Year107.97%
3 Year160.02%
5 Year110.77%
10 Year-61.45%
15 Year-61.35%
Volatility
ATR(14)0.69
ATR(20)%3.29%
ATR Inc-5.65%
Range Today0.78
ADR(20)0.68
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield2.21
10 Day High22.1
10 Day Low20.15
20 Day High22.8
20 Day Low20.15
52 Week High22.8
52 Week Low11.08
CS1 End21.33
CR1 StartN/A
Volume & EV
DER(3)5.05%
DER(5)4.1%
Volume8.97M
Volume Incr-14.8%
Vol(5)10.25M
Vol(50)9.97M