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Stock Charts AI Power Rank: 8.6
Power Rank trend -> Rising
10/08/2024 11:23:00 EST
Teladoc Inc (TDOC)
Industry: Health Information Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, TDOC has been trading in a range between $9.18 and $7.25 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
TDOC is trading between resistance at $8.86 about 1% to the upside and support at $6.79 -23% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $10.44, about a 19% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Teladoc Inc $TDOC entered a Green zone 30 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $28.11, a potential upside of 225.35% from the recent price of 8.64. The stock is trading 160.88% (potential upside) below its 52 week high of $22.54 and 27.81 % (potential downside) above its 52 week low of $6.76 - based on the recent price.
Company Summary
Teladoc Health, Inc provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments.
News
| Teladoc Health Announces Employee Inducement Awards under NYSE Rule 303A.08 PURCHASE, NY, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Teladoc Health, Inc. (NYSE:TDOC), the global leader in whole-person virtual care, today announced that it issued inducement awards to three new employees. Source: GlobeNewsWire Fri, 04 Oct 2024 16:30:00 -0400 Sentiment: Neutral |
| Teladoc (TDOC) Stock Sinks As Market Gains: Here's Why Teladoc (TDOC) reachead $8.41 at the closing of the latest trading day, reflecting a -0.71% change compared to its last close. Source: Zacks Investment Research Thu, 26 Sep 2024 19:21:21 -0400 Sentiment: Negative |
| U.S. Direct To Consumer Telehealth Services Market Trends Analysis Report 2024-2030 Featuring Key Players - American Well, Teladoc, HealthTap, and MeMD Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "U.S. Direct To Consumer Telehealth Services Market Size, Share & Trends Analysis Report By Product (Remote Monitoring, Real-time Interactions), By Delivery Mode (Web-based, Cloud-based, On-premise), And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering. The U.S. direct to consumer telehealth services market size is expected to reach USD 9.53 billion by 2030, registering a CAGR of 30.3% during the forecast period Source: GlobeNewsWire Mon, 23 Sep 2024 09:50:00 -0400 Sentiment: Neutral |
| Teladoc Stock Rises 12% as Jefferies Boosts Price Target on BetterHelp TDOC's stock benefits from improving web traffic in its BetterHelp platform. Source: Zacks Investment Research Wed, 18 Sep 2024 14:40:19 -0400 Sentiment: Positive |
| Why Teladoc Stock Popped by Nearly 12% on Tuesday An analyst raised his price target on the telehealth leader. The 25% increase was considerable. Source: The Motley Fool Tue, 17 Sep 2024 17:52:01 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 22.54 52 Week Low: 6.76 Beta: 0.91 50 Day MA: 7.9388 200 Day MA: 13.0641 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0 Qtr Revenue Growth YOY: -0.015 Forward PE: 357.1429 Trailing PE: 0