TU technical analysis

TU Technical Analysis

Analysis date

July 18, 2026

Market

NYSE (USD)

Daily cutoff

July 17, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

TU Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
TU
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 17, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Financial Modeling Prep (FMP, primary)15.31July 17, 2026-Verified
Massive API (independent)15.31July 17, 20260.00%Verified

Bottom line

TU Technical Analysis Summary

TU (TELUS) shows a mixed technical picture with bearish pressure dominating the shorter timeframes while longer-term structure offers some support. On the daily chart, price at 15.31 trades below SMA20 (15.68) and SMA50 (15.92) but remains above SMA200 (15.12), indicating a short-term downtrend within a broader sideways-to-modestly-bullish long-term context. RSI14 at 41.82 is in bearish territory below 50, reflecting negative momentum. The daily MACD histogram at -0.05 is slightly negative, confirming near-term selling pressure. The weekly chart shows price at 15.02 below SMA20 (15.45) and SMA50 (15.78) but holding above SMA200 (14.35). Key support sits at the 52-week low around 13.87 and the SMA200 at 15.12. Resistance lies at SMA20 (15.68) and the 20-day high (16.13). The stock is trading at the 45th percentile of its 52-week range, reflecting the lack of directional conviction typical of a high-dividend telecom amid rate uncertainty.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 17, 2026)

Trend
Bearish in the short term, neutral-long term. Price at 15.31 trades below SMA20 (15.68, -2.36%) and SMA50 (15.92, -3.83%), but above SMA200 (15.12, +1.26%). SMA20 and SMA50 are sloping downward while SMA200 remains flat, reflecting a short-term downtrend within a broader sideways range. The telecom sector has been under pressure from interest rate concerns and competitive dynamics in Canada.
Momentum
Bearish. RSI14 at 41.82 is below the 50 midline, indicating bearish momentum without reaching oversold territory. MACD line at -0.05 is below the signal line at -0.02 with a negative histogram of -0.03, suggesting mild but persistent selling pressure.
Volatility
Low. ATR14 at 0.28 (1.83% of price) reflects the typically low volatility profile of a large-cap telecom stock. Bollinger Bands (14.72 to 16.36) are relatively narrow with price oscillating in the lower half, consistent with the weak short-term trend.
Volume
Near average. Latest volume of 1,420,300 is 97.8% of the 20-period average (1,451,800), indicating no unusual accumulation or distribution patterns. Volume has been declining during the consolidation, which can suggest selling pressure is exhausting.

Assessment

The daily chart shows a stock in a short-term downtrend that remains within a broader range. The telecom sector backdrop and interest rate sensitivity have weighed on sentiment. Price below the short-term moving averages indicates sellers remain in control of the near-term direction, but the flat SMA200 and narrowing Bollinger Bands suggest the downtrend may be maturing. A move back above SMA20 (15.68) would be the first sign of short-term improvement.

Weekly (July 13, 2026 week)

Trend
Neutral to bearish. Price at 15.02 is below SMA20 (15.45) and SMA50 (15.78) but remains above SMA200 (14.35). The weekly SMA20 crossed below SMA50 in recent weeks, a bearish signal at the intermediate timeframe. SMA200 continues to slope mildly upward, providing the longer-term anchor.
Momentum
Bearish. RSI14 at 38.94 is in bearish territory and approaching oversold readings. MACD at -0.18 with signal at -0.11 and a negative histogram of -0.07 confirms bearish momentum is building at the weekly level. No signs of momentum exhaustion yet.
Volatility
Low. ATR14 at 0.49 (3.26% of price) reflects the modest weekly ranges typical for TU. Bollinger Bands (13.93 to 16.67) show price below the midline, consistent with the prevailing weak trend.
Volume
Below average. Weekly volume of 6,830,000 is 89.2% of the 20-week average (7,657,000), indicating declining participation. Low volume during a pullback can be interpreted as a lack of aggressive selling rather than accumulation.

Assessment

The weekly chart confirms the intermediate-term bearish pressure. The SMA20/SMA50 bearish cross is a notable development for a dividend-focused telecom stock. However, the stock remains above the rising SMA200, and RSI approaching oversold levels could eventually attract dip buyers focused on the high dividend yield. The declining volume during the pullback is not characteristic of a distribution climax. The stock appears to be in a corrective phase within a larger range rather than the start of a new structural downtrend.

Key indicators

TU Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)41.8238.94
MACD (12, 26, 9)-0.05 / -0.02 / -0.03-0.18 / -0.11 / -0.07
ATR (14)0.28 (1.83%)0.49 (3.26%)
Bollinger Bands (20, 2)14.72 - 16.3613.93 - 16.67
SMA (20)15.6815.45
SMA (50)15.9215.78
SMA (200)15.1214.35

Price structure

TU Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price15.3115.02
1-Period Return-0.52%+0.87%
5-Period Return-2.79%-3.65%
20-Period Return-4.91%-7.12%
60-Period Return-6.48%-8.94%
252-Period Return+2.13%-3.21%
52-Week Low13.8713.87
52-Week High17.2417.24
52-Week Position44.81%38.58%

Key levels

TU Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High16.1316.42
20-Period Low14.7214.35
60-Period High16.7817.24
60-Period Low14.2113.87

Scenarios

TU Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA20 (15.68) and subsequently reclaims SMA50 (15.92) with increasing volume, establishing a short-term uptrend.

Invalidation

Price fails at SMA20 resistance and reverses below the 20-day low at 14.72, breaking below SMA200 support at 15.12.

What to watch

Daily RSI recovering above 50; MACD bullish crossover; volume increasing on up days; weekly RSI stabilizing above 45; dividend yield attracting income buyers.

Range-Bound

Trigger

Price continues to oscillate between SMA20 resistance near 15.68 and SMA200 support near 15.12, with no clear directional breakout.

Invalidation

A sustained break above 15.68 or below 14.72 with above-average volume resolves the range.

What to watch

RSI oscillating between 35 and 50; Bollinger Bands width; volume declining during consolidation; dividend announcements and quarterly results as catalysts.

Bearish

Trigger

Price breaks below SMA200 support at 15.12 and the 20-day low at 14.72, targeting the 52-week low at 13.87 with above-average volume.

Invalidation

Price reclaims the SMA20 (15.68) and establishes a higher low above 14.72.

What to watch

Sustained close below 15.12; weekly RSI dropping below 30; MACD histogram becoming more negative; volume confirming distribution; interest rate moves affecting telecom yield comparisons.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Financial Modeling Prep (FMP, primary) and Massive API (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.