TELEFONICA
TELEFONICA
13.25 EUR (+3.92%)
03/31/2025 - 08:54 Open 15 min delayed data - Spain Stocks
Open: 12.99
Change: +0.50
Volume: 1,228,854
Low: 12.75
High: 13.75
High / Low range: 1.00
Type: Stocks
Ticker: TEF
ISIN: ES0178430E18

TELEFONICA - 1H - Technical analysis published on 09/20/2024 (GMT)

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  • 09/20/2024 - 11:15
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  • Timeframe : 1H
  • - Analysis generated on 09/20/2024 - 11:15
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 4.241 EUR
My targets
4.385 EUR (+1.11%)
4.422 EUR (+1.96%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.241 EUR remains possible. It is advisable to trade TELEFONICA with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.241 EUR. The next bullish objective for buyers is set at 4.385 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.422 EUR. If there is any crossing, the next objective would be the resistance located at 5.145 EUR. PS: if there is a bearish break in the support located at 4.241 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

TELEFONICA rating 4.337 EUR. On the day, this instrument lost -0.02% and was traded between 4.313 EUR and 4.345 EUR over the period. The price is currently at +0.56% from its lowest and -0.18% from its highest.

4.313
4.345
4.337

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TELEFONICA in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.131 4.165 4.241 4.337 4.355 4.385 4.422
Change (%) -4.75% -3.97% -2.21% - +0.42% +1.11% +1.96%
Change -0.206 -0.172 -0.096 - +0.018 +0.048 +0.085
Level Major Minor Major - Intermediate Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.1764.2424.2904.3564.4044.4704.518
Camarilla4.3074.3174.3284.3384.3494.3594.369
Woodie4.1674.2384.2814.3524.3954.4664.509
Fibonacci4.2424.2864.3134.3564.4004.4274.470


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.0864.1264.1824.2224.2784.3184.374
Camarilla4.2134.2214.2304.2394.2484.2574.265
Woodie4.0954.1304.1914.2264.2874.3224.383
Fibonacci4.1264.1624.1854.2224.2584.2814.318


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.6873.8143.9544.0814.2214.3484.488
Camarilla4.0214.0454.0704.0944.1194.1434.167
Woodie3.6943.8173.9614.0844.2284.3514.495
Fibonacci3.8143.9163.9794.0814.1834.2464.348

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Sell7
Moving averages
Created with Raphaël 2.3.0Buy20

RSI (14): 44.57
MACD (12,26,9): 0.0010
Directional Movement: 1.011
AROON (14): -35.714
DEMA (21): 4.353
Parabolic SAR (0,02-0,02-0,2): 4.400
Elder Ray (13): -0.015
Super Trend (3,10): 4.386
Zig ZAG (10): 4.335
VORTEX (21): 0.9550
Stochastique (14,3,5): 22.22
TEMA (21): 4.333
Williams %R (14): -85.09
Chande Momentum Oscillator (20): -0.071
Repulse (5,40,3): 0.3120
ROCnROLL: -1
TRIX (15,9): 0.0360
Courbe Coppock: 1.82
MA7: 4.310
MA20: 4.209
MA50: 4.133
MA100: 4.090
MAexp7: 4.335
MAexp20: 4.346
MAexp50: 4.318
MAexp100: 4.272
Price / MA7: +0.63%
Price / MA20: +3.04%
Price / MA50: +4.94%
Price / MA100: +6.04%
Price / MAexp7: +0.05%
Price / MAexp20: -0.21%
Price / MAexp50: +0.44%
Price / MAexp100: +1.52%

Quotes : 09/20/2024 - 10:58 - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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