Is Telefonica S.A. (TEF) a Stock to Watch After Losing -3.78% This Week?

The market has been down on Telefonica S.A. (TEF) stock recently. TEF gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TEF Stock Today?

Telefonica S.A. (TEF) stock is trading at $4.33 as of 4:00 PM on Thursday, Aug 4, a loss of -$0.01, or -0.12% from the previous closing price of $4.34. The stock has traded between $4.40 and $4.40 so far today. Volume today is less active than usual. So far 31,725 shares have traded compared to average volume of 1,205,189 shares.

More About Telefonica S.A.

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 S.A. stock.