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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Telus Corporation Ordinary Shares (NYSE:TU)
Bull Market Weakness (+75) - TU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TU?
MarketClub looks at technical strength and momentum to determine if the timing is right for TU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TU
The long-term trend has been DOWN since Mar 13th, 2024 at 16.895
The intermediate-term trend has been UP since May 3rd, 2024 at 16.525
The short-term trend has been UP since May 2nd, 2024 at 16.360
Smart Scan Analysis for TU
Based on our trend formula, TU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.51 | 16.55 | 16.38 | 16.44 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.43 | 1079038 | 2024-05-07 15:59:48 |
| Year High | 38.2 | Year High Date | 2018-01-17 |
| Year Low | 33.64 | Year Low Date | 2018-10-12 |
| 52wk High | 20.99 | 52wk High Date | 2023-05-08 |
| 52wk Low | 15.35 | 52wk Low Date | 2024-04-16 |
| Year End Close | 65.14 | Average Volume | 2,297,786 |
| Shares Outstanding | 1,189,114 | Short Interest | 6,553,236 |
| % Institutional | 96.9 | Market Cap | 21,961M |
| Assets | 561,360,000M | Liabilities | 400,240,000M |
| P/E Ratio | 37.5799 | Beta | 0.55 |
| Volatility | 11.68 |