Investor Blotter: Studying the Levels for Telecomunicacoes DE Sao Paulo ADR (NYSE:VIV)

In this article the recent trading activity of Telefonica Brasil S.A. (NYSE:VIV) goes under scrutiny.  We can see that insider transactions have changed 0.00% over the past 6 months leaving corporate executives holding 88.00% of the total 1600.55 shares outstanding.  At the same time institutional transactions have moved -0.04% during that same timeframe, leaving the “buy-side” with a 15.30% ownership stake overall of Telefonica Brasil S.A.. Telefonica Brasil S.A. (NYSE:VIV) is -8.98% from the 52 week high and 22.73% from the one year low.  Shares moved -0.15% in the most recent session after an initial gap of -0.75%.  Typically 1331.87 shares trade hands on a daily basis and the relative volume is 0.81. 

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So is now the time to buy?  Analysts have pegged a 2.3 recommendation on the shares on a consensus basis.  The 14.15 price target provides some upside potential for the Technology sector firm. 

Technical traders may be interested in looking at the indicator levels on shares of Telefonica Brasil S.A. (NYSE:VIV). The 14-day ADX for is currently 15.88. In general, an ADX value from 0-25 would signal an absent or weak trend. A level of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points.

Telefonica Brasil S.A. (NYSE:VIV) presently has a 14-day Commodity Channel Index (CCI) of -23.24. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is currently at 51.1, the 7-day stands at 46.55, and the 3-day is sitting at 28.85.

Taking a peek at some Moving Averages, the 200-day is at 12.61, and the 50-day is 13. Dedicated investors may be looking to employ another tool for doing technical stock analysis. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Telefonica Brasil S.A. (NYSE:VIV)’s Williams Percent Range or 14 day Williams %R presently is at -46.34. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

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