Stock Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Telenor Asa ADS # (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 Jul 20th, 2020 at 16.4500
The intermediate-term trend has been UP since Jul 14th, 2020 at 15.7185
The short-term trend has been UP since Aug 4th, 2020 at 15.7000
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||22.27||52wk High Date||2019-06-24|
|52wk Low||12.6101||52wk Low Date||2020-03-23|
|Year End Close||60.74||Average Volume||86,323|
|Shares Outstanding||1,803,000||% Institutional||0.1|