Where Will Telefonica S.A. (TEF) Stock Go Next After It Is Up 3.87% in a Week?

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

Telefonica S.A. has a Bullish 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?

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TEF Stock Today?

Telefonica S.A. (TEF) stock is up 0.99% while the S&P 500 is lower by -0.09% as of 11:03 AM on Wednesday, Jun 29. TEF is up $0.05 from the previous closing price of $5.05 on volume of 415,839 shares. Over the past year the S&P 500 has fallen -11.02% while TEF is up 9.68%. TEF earned $1.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.5.

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.