Telus Corp Stock Technical Analysis

T Stock  CAD 22.11  0.05  0.23%   
As of the 1st of May, Telus Corp has the Risk Adjusted Performance of (0.08), variance of 1.06, and Coefficient Of Variation of (814.18). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Telus Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Telus Corp, which can be compared to its competition. Please validate Telus Corp information ratio and skewness to decide if Telus Corp is priced more or less accurately, providing market reflects its prevalent price of 22.11 per share.

Telus Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Telus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Telus
  
Telus Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Telus Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Telus Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Telus Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Telus Corp Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Telus Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Telus Corp Trend Analysis

Use this graph to draw trend lines for Telus Corp. You can use it to identify possible trend reversals for Telus Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Telus Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Telus Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Telus Corp applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Telus Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 43.68, which is the sum of squared deviations for the predicted Telus Corp price change compared to its average price change.

About Telus Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Telus Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Telus Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Telus Corp price pattern first instead of the macroeconomic environment surrounding Telus Corp. By analyzing Telus Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Telus Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Telus Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.02610.03840.0254
Price To Sales Ratio2.381.711.4

Telus Corp May 1, 2024 Technical Indicators

Most technical analysis of Telus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Telus from various momentum indicators to cycle indicators. When you analyze Telus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Telus Corp May 1, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Telus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Telus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Telus Stock analysis

When running Telus Corp's price analysis, check to measure Telus Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telus Corp is operating at the current time. Most of Telus Corp's value examination focuses on studying past and present price action to predict the probability of Telus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telus Corp's price. Additionally, you may evaluate how the addition of Telus Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.