Score 8.3 (out of 10): TELADOC HEALTH INC sets up for 7.6% rally in 2 weeks

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Insight:

TELADOC HEALTH INC has reached a new medium term high. Previously, during similar occasions, TELADOC HEALTH INC shares had a median return of +7.6%, over the following 2 weeks – based on 10 historical occasions with 9 of those showing positive returns (90% hit ratio). This buy signal for TELADOC HEALTH INC received a high score of 8.3 (out of 10). This insight was generated on 2021-October-28 with last price of 149.18. TELADOC HEALTH INC is in the Medical-Outptnt/Home Med business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth 30.5% more (average). Ticker symbol: TDOC US.

Details:

NameTELADOC HEALTH INC
ViewUp
Star (1 to 10)8.3
Target+7.6%
Time2 weeks
Hit Rate90%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

15.5% (January-2021), 6.4% (June-2020), 10.2% (March-2020), 10% (January-2020), 3% (October-2019), 6.3% (June-2019), 3.5% (February-2019), 8.8% (May-2018), 15.1% (February-2018), -8.4% (November-2017).

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