Televisa Technical Analysis (NYSE:TV)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Televisa stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the TV stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Televisa. The technical analysis form of Televisa stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Televisa Moving Average:
Moving averages show the TV stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for TV trend identification. A rising moving average shows that stock prices are generally increasing.
Televisa Bollinger Bands:
Bollinger bands comprise of a center line usually TV SMA, and two TV stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $25.16 is in the upper range of Televisa bollinger bands.
Televisa Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Televisa MACD indicator is below 0 indicating a bearish trend.
Televisa Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 27.78 is the RSI value of TV stock. .