Disclaimer Statement

Updated:

Author: Engineer USC

TEF Stock Forecast & Telefónica Chart Analysis

This article provides a detailed analysis of TEF-Telefónica stock including a forecast for TEF shares. It features Telefónica, S.A. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

TEF Historical Data Review

TEF Current Price Performance Analysis

The Telefónica - TEF stock traded on the American stock market, on 06-05-2024, closed at 4.74$ with a %-0.84 decreased compared to the previous day.

In the last month, the price of TEF changed by %3.95 increased in value, from 4.56 dollars on 05-06-2024 to 4.74 dollars, increased.

Last year, the price of TEF was 4.09 dollars on 06-06-2023, and changed by %15.89 increased in value, to 4.74 dollars increased within a year.

The price of Telefónica stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

TEF with AI Stock Forecast & Price Target

TEF stock forecast Telefónica price target

On the TEF chart Telefónica price was recorded as 4.74 Dollars on 06/05/2024.

The artificial intelligence's forecast on TEF stock is as follows.

The artificial intelligence's prediction error margin for TEF stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Telefónica stock over the next 4 months is: 3.6 Dollars.

The commentary on TEF stock Target Price: Highest: 4.282 Dollars is predicted.

The commentary on TEF stock Target Price: Lowest: 3.266 Dollars is predicted.

Resistance Price where Telefónica stock will Rise and Fall:

Date Price Prediction
06-20-2024 4.282
10-08-2024 3.788
12-12-2024 3.521

Support Price where Telefónica stock will Fall and Rise:

Date Price Prediction
09-13-2024 3.612
11-27-2024 3.488
01-31-2025 3.266

The commentary on TEF stock: The target price can generally be said to be on the decline.

The commentary on TEF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Telefónica stock by the end of 2024 is predicted to be 3.492 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on TEF stock, and the 2024 target price predictions for Telefónica are detailed above.

The technical analysis and charts for the commentary on TEF stock are below.

TEF Support & Resistance and Trend Analysis

TEF review Telefónica technical analysis trend chart TEF priceTEF stock support and resistance price chart

TEF stock you have reviewed the technical analysis support resistance charts regarding.

TEF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the TEF review, the Telefónica support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Telefónica Support and Resistance Prices:

TEF Support Level Price TEF Resistance Level Price
3.82 4.14
3.86 4.20
3.87 4.35
4.04 4.43
4.36 4.59
4.37 4.62

TEF Technical Analysis: SMA, RSI, MACD

TEF review Telefónica SMA chart analysis TEF priceTEF buy or sell review Telefónica MACD chart analysis TEF price

Upon reviewing the TEF chart, buy and sell signals have been generated in the Telefónica technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for TEF stock are as follows:
  1. The technical analysis for TEF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for TEF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Telefónica issued a 'Buy' signal when the MACD was at 0.036, with the current MACD value being: 0.08

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Telefónica stock: Click here to read more predictions on Equity Residential stock.

Click here for price target predictions and technical analysis charts of other American stocks