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Takip Edin: @UscMarketsTEFOF Stock Forecast & Telefónica Chart Analysis
This article provides a detailed analysis of TEFOF-Telefónica stock including a forecast for TEFOF 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
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TEFOF Historical Data Review
TEFOF Current Price Performance Analysis
The Telefónica - TEFOF stock traded on the American stock market, on 06-05-2024, closed at 4.7$ with no change compared to the previous day.
In the last month, the price of TEFOF changed by %-1.88 decreased in value, from 4.79 dollars on 05-06-2024 to 4.7 dollars, decreased.
Last year, the price of TEFOF was 4.31 dollars on 06-06-2023, and changed by %9.05 increased in value, to 4.7 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.
TEFOF with AI Stock Forecast & Price Target
On the TEFOF chart Telefónica price was recorded as 4.7 Dollars on 06/05/2024.
The artificial intelligence's forecast on TEFOF stock is as follows.
The artificial intelligence's prediction error margin for TEFOF 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: 3.7 Dollars.
The commentary on TEFOF stock Target Price: Highest: 4.295 Dollars is predicted.
The commentary on TEFOF stock Target Price: Lowest: 3.352 Dollars is predicted.
Resistance Price where Telefónica stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 4.295 |
| 10-08-2024 | 3.817 |
| 12-12-2024 | 3.545 |
Support Price where Telefónica stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 3.609 |
| 11-22-2024 | 3.493 |
| 01-31-2025 | 3.352 |
The commentary on TEFOF stock: The target price can generally be said to be on the decline.
The commentary on TEFOF 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 3.495 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TEFOF stock, and the 2024 target price predictions for Telefónica are detailed above.
The technical analysis and charts for the commentary on TEFOF stock are below.
TEFOF Support & Resistance and Trend Analysis
TEFOF stock you have reviewed the technical analysis support resistance charts regarding.
TEFOF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TEFOF 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:
| TEFOF Support Level Price | TEFOF Resistance Level Price |
|---|---|
| 3.67 | 4.15 |
| 3.69 | 4.24 |
| 3.76 | 4.27 |
| 3.80 | 4.38 |
| 3.88 | 4.39 |
| 3.94 | 4.45 |
| 3.95 | 4.49 |
| 3.96 | 4.60 |
| 4.00 | 4.81 |
| 4.34 |
TEFOF Technical Analysis: SMA, RSI, MACD
Upon reviewing the TEFOF 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 TEFOF stock are as follows:- The technical analysis for TEFOF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for TEFOF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Telefónica issued a 'Buy' signal when the MACD was at 0.031, with the current MACD value being: 0.075
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 Veolia Environnement SA stock.
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