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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TDOC
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Teladoc Inc stock upgraded to Sell Candidate.
(Updated on Jun 14, 2024)

Sell candidate since May 21, 2024 Loss -15.47% PDF

The Teladoc Inc stock price gained 0.503% on the last trading day (Friday, 14th Jun 2024), rising from $9.95 to $10.00. During the last trading day the stock fluctuated 2.25% from a day low at $9.79 to a day high of $10.01. The price has fallen in 6 of the last 10 days and is down by -11.03% for this period. Volume fell on the last day by -2 million shares and in total, 4 million shares were bought and sold for approximately $39.49 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $9.87 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -31.47% during the next 3 months and, with a 90% probability hold a price between $6.76 and $7.72 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TDOC Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 0.503%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Teladoc Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.42 and $11.81. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Teladoc Inc stock

Teladoc Inc finds support from accumulated volume at $9.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.220 between high and low, or 2.25%. For the last week, the stock has had daily average volatility of 4.21%.

Teladoc Inc is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TDOC) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Teladoc Inc to open at $9.93, and during the day (based on 14 day Average True Range), to move between $9.58 and $10.42, which gives a possible trading interval of +/-$0.422 (+/-4.22%) up or down from last closing price. If Teladoc Inc takes out the full calculated possible swing range there will be an estimated 8.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $9.95 (0.50%) than the resistance at $11.95 (19.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Teladoc Inc stock A Buy?

Teladoc Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.097 Sell Candidate Upgraded

Predicted Opening Price for Teladoc Inc of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$9.93 ( 0.667%) $10.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TDOC

Fibonacci Support & Resistance Levels

Level Price
R3 10.15 1.53%
R2 10.07 0.693%
R1 10.02 0.174%
Price 10.00
S1 9.85 -1.51%
S2 9.80 -2.03%
S3 9.71 -2.87%

Accumulated Volume Support & Resistance Levels

Level Price
R3 12.45 24.50%
R2 12.24 22.40%
R1 11.95 19.50%
Price 10.00
S1 9.95 -0.500%
S2 0 -
S3 0 -

FAQ

What is the symbol for Teladoc Inc Stock and on which exchange is it traded?
The symbol for Teladoc Inc is TDOC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Teladoc Inc Stock?
Teladoc Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Teladoc Inc Stock?
Teladoc Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Teladoc Inc Stock.

What's the current price of Teladoc Inc Stock?
As of the end of day on the Jun 14, 2024, the price of an Teladoc Inc (TDOC) share was $10.00.

What is the 52-week high and low for Teladoc Inc Stock?
The 52-week high for Teladoc Inc Stock is $30.41 and the 52-week low is $9.79.

What is the market capitalization of Teladoc Inc Stock?
As of the Jun 14, 2024, the market capitalization of Teladoc Inc is 1.696B.

When is the next earnings date for Teladoc Inc?
The upcoming earnings date for Teladoc Inc is Jul 23, 2024.
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About Teladoc Inc

Teladoc Teladoc Health, Inc. provides virtual healthcare services in the United States and internationally. The company offers a portfolio of services and solutions covering non-urgent, episodic, chronic, and complicated medical conditions, including diabetes, hypertension, chronic kidney disease, cancer, congestive heart failure, and mental health conditions. It offers a range of programs and services, including primary and specialty care telehealth sol... TDOC Profile

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