Logo image of TU

TELUS CORP (TU) Stock Technical Analysis

NYSE:TU - New York Stock Exchange, Inc. - CA87971M1032 - Common Stock - Currency: USD

14.42  +0.27 (+1.91%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to TU. TU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TU is a bad performer in the overall market: 85% of all stocks are doing better.
TU is part of the Diversified Telecommunication Services industry. There are 31 other stocks in this industry, of which 66% are performing better than TU.
TU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TU is lagging the market.
TU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TU has an average volume of 3499040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
TELUS CORP / TU Weekly stock chart
TELUS CORP / TU Daily stock chart
Setup Rating and Analysis

3

The technical rating of TU is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

13.31

16.79

When analyzing the support we can see 2 important areas.

  • Support @14.16 from a horizontal line in the weekly time frame.
  • A support zone ranging from 13.44 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 15.00 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 15.68 to 15.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @16.21 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 16.62 to 16.62. 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
CRS15.24
Mansfield-2.02
10 Day High14.27
10 Day Low13.51
20 Day High14.27
20 Day Low13.24
52 Week High18.35
52 Week Low13.24
Performance
1 Week2.02%
2 Weeks1.8%
1 Month2.91%
3 Month-10.56%
6 Month-10.89%
12 Month-21.91%
2 Year-34.34%
3 Year-39.86%
5 Year-29.44%
10 Year-17.49%
15 Year89.49%
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)0.11
RSI(14)51.22
LBB13.57
UBB14.24
TELUS CORP / TU Daily stock chart

TELUS CORP

NYSE:TU (1/27/2025, 11:58:49 AM)

14.42

+0.27 (+1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.91%
1 Week2.02%
2 Weeks1.8%
1 Month2.91%
3 Month-10.56%
6 Month-10.89%
12 Month-21.91%
2 Year-34.34%
3 Year-39.86%
5 Year-29.44%
10 Year-17.49%
15 Year89.49%
Volatility
ATR(14)0.24
ATR(20)%1.68%
ATR Inc-31.54%
Range Today0.31
ADR(20)0.23
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.24
Mansfield-2.02
10 Day High14.27
10 Day Low13.51
20 Day High14.27
20 Day Low13.24
52 Week High18.35
52 Week Low13.24
CS1 End13.48
CR1 Start14.16
Volume & EV
DER(3)5.44%
DER(5)5.43%
Volume1.60M
Volume Incr14.24%
Vol(5)4.14M
Vol(50)3.50M