Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
TELENOR ASA S/ADR (NASDAQ:TELNY)
Long-Term Uptrend (+90) - TELNY is in a strong uptrend that is likely to continue. While TELNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TELNY
The long-term trend has been UP since Sep 15th, 2023 at 11.0600
The intermediate-term trend has been UP since Nov 27th, 2023 at 10.5895
The short-term trend has been UP since Nov 24th, 2023 at 10.4100
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).
|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||8.77||52wk Low Date||2022-12-20|
|Year End Close||60.74||Average Volume||51,502|
|Shares Outstanding||1,803,000||% Institutional||0.1|