Teladoc stock: buy or sell

TDOC stock price: $151.81 0.53% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

Teladoc stock brief

  • Teladoc closed on Wednesday at $151.81 after just moving a 0.53% and broke a streak of 4 sessions in negative.
  • Teladoc posted its financial report on Wednesday
  • Looking at the chart, price is drawing an scaled downtrend since last February with lower tops and lower bottoms. shares price lost a -50.71% since the downtrend started.
  • Teladoc Health, Inc. provides virtual healthcare services on a business-to-business basis in the United States and internationally.

Should I buy Teladoc stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $TDOC stock a buy?

In the current situation of Teladoc there is not any eligible buy setup. This doesn't mean $TDOC will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Teladoc stock?

"To sell or not to sell", if you are holding Teladoc stock?. Much like when we have to buy shares, deciding when is the best time to sell is not a haphazard decision, and we must adhere our own trading style. Our trading system selects very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for shorting Teladoc stock

As a rule of thumb, you should never keep an operation that yields losses greater than those expected upon purchase. The moment to sell your stock must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Teladoc stock?

In the current situation of Teladoc there is not any eligible sell setup, so Teladoc stock holders with operations in profit can keep their positions

Teladoc ratings

We don't have any rating posted in the last month for Teladoc

Teladoc stock analysis

Teladoc accumulates a price drop of -50.71% since its latest high last February at $308.00. The stock drew 4 consecutive lower tops.

SMAs overview

TDOC stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $153.75 (1.28% above)
  • R2: $166.70 (9.81% above)
  • R3: $168.50 (10.99% above)
  • The current support levels are:

  • S1: $147.71 (-2.70% below)
  • S2: $134.13 (-11.65% below)
  • S3: $129.74 (-14.54% below)
  • Bollinger bands

    Since the price broke down the lower band on July 16, the price rebounded by 4.26%

    TDOC stock Bollinger Bands chart

    Relative strength index

    The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really being helpful in making any decisions.

    TDOC stock RSI chart

    Teladoc stock price history

    Teladoc went public priced at an adjusted price1 of $29.90 on Jul 2015. Since then, TDOC stock has risen by 407.73%, with an average of 67.96% per year. An investment of $1,000USD on Jul 2015 would be valued $5,077.26 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    TDOC stock price history chart

    Price target for Teladoc stock

    Nobody can predict how much a stock will be priced tomorrow. Banks and financial organisations publish their analysis predicting how a particular stock will performance in the future.

    Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new fundamental data by the company, and usually. Again, these forecasts are not direct recommendations for small traders and must not be followed blindly.

    In the previous month we couldn't find any price target posted for Teladoc stock.

    Earnings and financials

    On Wednesday, Teladoc ($TDOC) had the quarterly investors call and released the report. Teladoc underperformed analysts estimates and posted of $-0.86, that is a -53.57% less than the initial predictions of $-0.56. Even so, reported sales of $503.1 million were in line with market forecasts.

    Same quarter last year, reported EPS was $-0.34, so current EPS is a drop of -152.94%. Looking at revenue, figures exploded a 150.93% compared to $1.8B same quarter a year ago.

    Teladoc ($TDOC) is hosting the quarterly earnings call next October.

    Teladoc performance

    TDOC performance compared
    Company1m3m6m
    Teladoc ($TDOC) -11.30% -13.10% -43.50%

    Please read:
    The viewpoints contained in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not know the particular circumstances of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for informational motives only

    Teladoc summary

    Wednesday, July 28th, 2021
    Open$134.78
    Close$151.81
    Day range$133.25 - $152.29
    Previous close$151.01
    Session gain0.53%
    Average true range$6.31
    50d mov avg$153.53
    100d mov avg$165.28
    200d mov avg$194.00
    Earnings dateOctober 26th, 2021

    Frequently asked questions

    What is Teladoc stock symbol?

    Teladoc Health, Inc. is a public company trading in the US stock market with the TDOC symbol

    Is Teladoc stock a buy or sell?

    Teladoc had no ratings in the last 30 days Read the article to get additional tips on trading TDOC stock.

    Will TDOC go up?

    There were no price targets posted by market analysts in the last month for Teladoc.

    Latest Teladoc news