Telefonica SA (TEF) Shares are Down -0.1%

Telefonica SA (TEF) has risen sharply, recording gains of 4.06% in the past 4 weeks. However, the stock has corrected -0.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.53% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Telefonica SA (NYSE:TEF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.71 and $9.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.75, notching a gain of 1.35% for the day. The total traded volume was 1,121,458 . The stock had closed at $9.62 on the previous day.

The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 0.09%. Telefonica, S.A. has dropped 3.3% during the last 3-month period . Year-to-Date the stock performance stands at -7.93%.


Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company operates the following segments: Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica. These segments are engaged in activities relating to wireline, wireless, cable, Internet, television businesses and other digital services in accordance with each location. The Companys services and products include Mobile business, which offers mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging; Fixed-line telephony business, which offers traditional fixed telecommunication services, Internet and broadband multimedia services, data and business-solutions services and wholesale services for telecommunication operators; and Digital services.

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