Do Traders Think Telefonica SA (TEF) Can Keep Climbing Thursday?

Telefonica SA (TEF) stock is higher by 2.14% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Telefonica SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TEF!

See Full TEF Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With TEF Stock Today?

Telefonica SA (TEF) stock is trading at $4.30 as of 10:11 AM on Thursday, Mar 21, an increase of $0.03, or 0.63% from the previous closing price of $4.27. The stock has traded between $4.29 and $4.31 so far today. Volume today is less active than usual. So far 161,213 shares have traded compared to average volume of 772,026 shares. To see InvestorsObserver's Sentiment Score for Telefonica SA click here.

More About Telefonica SA

Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), U.K., Germany, Brazil, and other Latin American countries. The company derives more than 30% of its revenue from Spain, close to 20% from Germany and 20% from Brazil. Its U.K. operations are held through a joint venture with Virgin Media. In Latin America Telefonica operates in Mexico, Argentina, Chile, and Peru, among others. Click Here to get the full Stock Report for Telefonica SA stock.