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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
TELENOR ASA S/ADR (NASDAQ:TELNY)
Long-Term Downtrend (-90) - TELNY is in a strong downtrend that is likely to continue. While TELNY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TELNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TELNY.
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MarketClub’s Trade Triangles for TELNY
The long-term trend has been DOWN since Mar 12th, 2024 at 10.65
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 10.97
The short-term trend has been DOWN since Apr 9th, 2024 at 11.38
Smart Scan Analysis for TELNY
Based on our trend formula, TELNY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.050 | 11.070 | 10.996 | 11.042 | +0.082 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.960 | 33236 | 2024-04-18 15:46:00 |
| Year High | 24.49 | Year High Date | 2018-01-17 |
| Year Low | 17.86 | Year Low Date | 2018-10-24 |
| 52wk High | 12.63 | 52wk High Date | 2023-04-27 |
| 52wk Low | 9.89 | 52wk Low Date | 2023-06-06 |
| Year End Close | 60.74 | Average Volume | 46,528 |
| Shares Outstanding | 1,803,000 | % Institutional | 0.1 |
| Assets | 223,459,000M | Liabilities | 149,209,000M |
| Beta | 1.42 | Volatility | 27.31 |