Fixed Line Telecommunications industry

Monitor and predict the growth prospects and potential risks of the Fixed Line Telecommunications industry by examining the financial and macroeconomic factors affecting it and the latest Fixed Line Telecommunications news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Fixed Line Telecommunications updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Fixed Line Telecommunications industry trend, growth prospects and risks.

Fixed Line Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Fixed Line Telecommunications industry US.FIXEDTELCOS 127.02 0.5 0 -0.28123 58.6686 -1.27 -2.62 -9.88 -0.22274
Europe Fixed Line Telecommunications industry EU.FIXTELCOS 274.95 -1 -1 -1.28252 40.9259 -1.56 -4.19 -8.45 -0.26892
US Fixed Line Telecommunications Credit Spreads US.FIXEDTELCOS.CR 126.31 0 0 -0.56837 44.0087 1.54 6.84 -1.71 0.21606
Europe Fixed Line Telecommunications Credit Spreads EU.FIXEDTELCOS.CR 98.83 -0.5 -1 -0.98658 32.898 0.3 -1.23 0.71 -0.0288

Fixed Line Telecommunications industry News

Fixed Line Telecommunications industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Fixed Line Telecommunications industry by examining the stock and credit performance of major Fixed Line Telecommunications companies across the US, Europe, Eastern Europe and Asia Pacific. Fixed Line Telecommunications Stock performance is monitored by analyzing STOXX equity indices of major Fixed Line Telecommunications companies while Fixed Line Telecommunications credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Fixed Line Telecommunications high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Fixed Line Telecommunications sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Fixed Line Telecommunications industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Fixed Line Telecommunications momentum, Fixed Line Telecommunications trend, Fixed Line Telecommunications oscillator, Fixed Line Telecommunications RSI and Fixed Line Telecommunications returns.

Fixed Line Telecommunications industry Description

The subsector of Fixed Line Telecommunications includes OProviders of fixed-line telephone services, including regional and long-distance. Includes companies that primarily provide telephone services through the internet. Excludes companies whose primary business is Internet access, which are classified under Internet.

Fixed Line Telecommunications industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Fixed Line Telecommunications momentum signal ranges from -100 to +100. The Fixed Line Telecommunications momentum signal is derived as the mean value from 4 calculations for the Fixed Line Telecommunications . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Fixed Line Telecommunications momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Fixed Line Telecommunications momentum signal moves from positive to negative value or vice-versa.

Fixed Line Telecommunications industry trend

Fixed Line Telecommunications trend signal ranges from -100 to +100. Fixed Line Telecommunications trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications Closing price vs Fixed Line Telecommunications moving average (MA) calculation: If Fixed Line Telecommunications is greater than Fixed Line Telecommunications MA value is +1, else -1, 2. Fixed Line Telecommunications Moving average slope calculation: if current Fixed Line Telecommunications moving average is higher than the previous MA, Fixed Line Telecommunications upward slope +1, else -1
Fixed Line Telecommunications trend model can be used as a trend strength indicator. Fixed Line Telecommunications trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Fixed Line Telecommunications trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Fixed Line Telecommunications 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Fixed Line Telecommunications is in an uptrend when Fixed Line Telecommunications price is higher than the 52-week moving average and the Fixed Line Telecommunications 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Fixed Line Telecommunications oscillator and Fixed Line Telecommunications RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Fixed Line Telecommunications industry oscillator

The Fixed Line Telecommunications oscillator estimated by MacroVar is the z-score of the currentFixed Line Telecommunications price versus Fixed Line Telecommunications 1-year simple moving average price. The formula for the Fixed Line Telecommunications oscillator is:
Fixed Line Telecommunications oscillator = (Current Price – 250 trading days Fixed Line Telecommunications simple moving average price) / (250 days Fixed Line Telecommunications price standard deviation)

Fixed Line Telecommunications oversold conditions
Fixed Line Telecommunications is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Fixed Line Telecommunications is oversold it is often due for a rebound. Values of the Fixed Line Telecommunications oscillator lower than -2.5 signify oversold conditions. It must be noted that the Fixed Line Telecommunications oscillator must be analyzed ibn conjunction with the rest ofFixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Fixed Line Telecommunications RSI.
Fixed Line Telecommunications overbought conditions
Fixed Line Telecommunications is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Fixed Line Telecommunications is overbought it is often due for a correction. Values of the Fixed Line Telecommunications oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Fixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Fixed Line Telecommunications RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Fixed Line Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringFixed Line Telecommunications uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Fixed Line Telecommunications industry returns

MacroVar calculates Fixed Line Telecommunications returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Fixed Line Telecommunications returns = (Fixed Line Telecommunications Closing Price – Fixed Line Telecommunications Previous Price)/(Fixed Line Telecommunications Previous Price)

Fixed Line Telecommunications industry

Monitor and predict the growth prospects and potential risks of the Fixed Line Telecommunications industry by examining the financial and macroeconomic factors affecting it and the latest Fixed Line Telecommunications news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Fixed Line Telecommunications updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Fixed Line Telecommunications industry trend, growth prospects and risks.

Fixed Line Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Fixed Line Telecommunications industry US.FIXEDTELCOS 127.02 0.5 0 -0.28123 58.6686 -1.27 -2.62 -9.88 -0.22274
Europe Fixed Line Telecommunications industry EU.FIXTELCOS 274.95 -1 -1 -1.28252 40.9259 -1.56 -4.19 -8.45 -0.26892
US Fixed Line Telecommunications Credit Spreads US.FIXEDTELCOS.CR 126.31 0 0 -0.56837 44.0087 1.54 6.84 -1.71 0.21606
Europe Fixed Line Telecommunications Credit Spreads EU.FIXEDTELCOS.CR 98.83 -0.5 -1 -0.98658 32.898 0.3 -1.23 0.71 -0.0288

Fixed Line Telecommunications industry News

Fixed Line Telecommunications industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Fixed Line Telecommunications industry by examining the stock and credit performance of major Fixed Line Telecommunications companies across the US, Europe, Eastern Europe and Asia Pacific. Fixed Line Telecommunications Stock performance is monitored by analyzing STOXX equity indices of major Fixed Line Telecommunications companies while Fixed Line Telecommunications credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Fixed Line Telecommunications high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Fixed Line Telecommunications sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Fixed Line Telecommunications industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Fixed Line Telecommunications momentum, Fixed Line Telecommunications trend, Fixed Line Telecommunications oscillator, Fixed Line Telecommunications RSI and Fixed Line Telecommunications returns.

Fixed Line Telecommunications industry Description

The subsector of Fixed Line Telecommunications includes OProviders of fixed-line telephone services, including regional and long-distance. Includes companies that primarily provide telephone services through the internet. Excludes companies whose primary business is Internet access, which are classified under Internet.

Fixed Line Telecommunications industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Fixed Line Telecommunications momentum signal ranges from -100 to +100. The Fixed Line Telecommunications momentum signal is derived as the mean value from 4 calculations for the Fixed Line Telecommunications . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Fixed Line Telecommunications momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Fixed Line Telecommunications momentum signal moves from positive to negative value or vice-versa.

Fixed Line Telecommunications industry trend

Fixed Line Telecommunications trend signal ranges from -100 to +100. Fixed Line Telecommunications trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications Closing price vs Fixed Line Telecommunications moving average (MA) calculation: If Fixed Line Telecommunications is greater than Fixed Line Telecommunications MA value is +1, else -1, 2. Fixed Line Telecommunications Moving average slope calculation: if current Fixed Line Telecommunications moving average is higher than the previous MA, Fixed Line Telecommunications upward slope +1, else -1
Fixed Line Telecommunications trend model can be used as a trend strength indicator. Fixed Line Telecommunications trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Fixed Line Telecommunications trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Fixed Line Telecommunications 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Fixed Line Telecommunications is in an uptrend when Fixed Line Telecommunications price is higher than the 52-week moving average and the Fixed Line Telecommunications 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Fixed Line Telecommunications oscillator and Fixed Line Telecommunications RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Fixed Line Telecommunications industry oscillator

The Fixed Line Telecommunications oscillator estimated by MacroVar is the z-score of the currentFixed Line Telecommunications price versus Fixed Line Telecommunications 1-year simple moving average price. The formula for the Fixed Line Telecommunications oscillator is:
Fixed Line Telecommunications oscillator = (Current Price – 250 trading days Fixed Line Telecommunications simple moving average price) / (250 days Fixed Line Telecommunications price standard deviation)

Fixed Line Telecommunications oversold conditions
Fixed Line Telecommunications is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Fixed Line Telecommunications is oversold it is often due for a rebound. Values of the Fixed Line Telecommunications oscillator lower than -2.5 signify oversold conditions. It must be noted that the Fixed Line Telecommunications oscillator must be analyzed ibn conjunction with the rest ofFixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Fixed Line Telecommunications RSI.
Fixed Line Telecommunications overbought conditions
Fixed Line Telecommunications is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Fixed Line Telecommunications is overbought it is often due for a correction. Values of the Fixed Line Telecommunications oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Fixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Fixed Line Telecommunications RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Fixed Line Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringFixed Line Telecommunications uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Fixed Line Telecommunications industry returns

MacroVar calculates Fixed Line Telecommunications returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Fixed Line Telecommunications returns = (Fixed Line Telecommunications Closing Price – Fixed Line Telecommunications Previous Price)/(Fixed Line Telecommunications Previous Price)

Fixed Line Telecommunications industry

Monitor and predict the growth prospects and potential risks of the Fixed Line Telecommunications industry by examining the financial and macroeconomic factors affecting it and the latest Fixed Line Telecommunications news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Fixed Line Telecommunications updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Fixed Line Telecommunications industry trend, growth prospects and risks.

Fixed Line Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Fixed Line Telecommunications industry US.FIXEDTELCOS 127.02 0.5 0 -0.28123 58.6686 -1.27 -2.62 -9.88 -0.22274
Europe Fixed Line Telecommunications industry EU.FIXTELCOS 274.95 -1 -1 -1.28252 40.9259 -1.56 -4.19 -8.45 -0.26892
US Fixed Line Telecommunications Credit Spreads US.FIXEDTELCOS.CR 126.31 0 0 -0.56837 44.0087 1.54 6.84 -1.71 0.21606
Europe Fixed Line Telecommunications Credit Spreads EU.FIXEDTELCOS.CR 98.83 -0.5 -1 -0.98658 32.898 0.3 -1.23 0.71 -0.0288

Fixed Line Telecommunications industry News

Fixed Line Telecommunications industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Fixed Line Telecommunications industry by examining the stock and credit performance of major Fixed Line Telecommunications companies across the US, Europe, Eastern Europe and Asia Pacific. Fixed Line Telecommunications Stock performance is monitored by analyzing STOXX equity indices of major Fixed Line Telecommunications companies while Fixed Line Telecommunications credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Fixed Line Telecommunications high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Fixed Line Telecommunications sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Fixed Line Telecommunications industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Fixed Line Telecommunications momentum, Fixed Line Telecommunications trend, Fixed Line Telecommunications oscillator, Fixed Line Telecommunications RSI and Fixed Line Telecommunications returns.

Fixed Line Telecommunications industry Description

The subsector of Fixed Line Telecommunications includes OProviders of fixed-line telephone services, including regional and long-distance. Includes companies that primarily provide telephone services through the internet. Excludes companies whose primary business is Internet access, which are classified under Internet.

Fixed Line Telecommunications industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Fixed Line Telecommunications momentum signal ranges from -100 to +100. The Fixed Line Telecommunications momentum signal is derived as the mean value from 4 calculations for the Fixed Line Telecommunications . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Fixed Line Telecommunications momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Fixed Line Telecommunications momentum signal moves from positive to negative value or vice-versa.

Fixed Line Telecommunications industry trend

Fixed Line Telecommunications trend signal ranges from -100 to +100. Fixed Line Telecommunications trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications Closing price vs Fixed Line Telecommunications moving average (MA) calculation: If Fixed Line Telecommunications is greater than Fixed Line Telecommunications MA value is +1, else -1, 2. Fixed Line Telecommunications Moving average slope calculation: if current Fixed Line Telecommunications moving average is higher than the previous MA, Fixed Line Telecommunications upward slope +1, else -1
Fixed Line Telecommunications trend model can be used as a trend strength indicator. Fixed Line Telecommunications trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Fixed Line Telecommunications trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Fixed Line Telecommunications 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Fixed Line Telecommunications is in an uptrend when Fixed Line Telecommunications price is higher than the 52-week moving average and the Fixed Line Telecommunications 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Fixed Line Telecommunications oscillator and Fixed Line Telecommunications RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Fixed Line Telecommunications industry oscillator

The Fixed Line Telecommunications oscillator estimated by MacroVar is the z-score of the currentFixed Line Telecommunications price versus Fixed Line Telecommunications 1-year simple moving average price. The formula for the Fixed Line Telecommunications oscillator is:
Fixed Line Telecommunications oscillator = (Current Price – 250 trading days Fixed Line Telecommunications simple moving average price) / (250 days Fixed Line Telecommunications price standard deviation)

Fixed Line Telecommunications oversold conditions
Fixed Line Telecommunications is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Fixed Line Telecommunications is oversold it is often due for a rebound. Values of the Fixed Line Telecommunications oscillator lower than -2.5 signify oversold conditions. It must be noted that the Fixed Line Telecommunications oscillator must be analyzed ibn conjunction with the rest ofFixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Fixed Line Telecommunications RSI.
Fixed Line Telecommunications overbought conditions
Fixed Line Telecommunications is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Fixed Line Telecommunications is overbought it is often due for a correction. Values of the Fixed Line Telecommunications oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Fixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Fixed Line Telecommunications RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Fixed Line Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringFixed Line Telecommunications uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Fixed Line Telecommunications industry returns

MacroVar calculates Fixed Line Telecommunications returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Fixed Line Telecommunications returns = (Fixed Line Telecommunications Closing Price – Fixed Line Telecommunications Previous Price)/(Fixed Line Telecommunications Previous Price)

Fixed Line Telecommunications industry

Monitor and predict the growth prospects and potential risks of the Fixed Line Telecommunications industry by examining the financial and macroeconomic factors affecting it and the latest Fixed Line Telecommunications news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Fixed Line Telecommunications updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Fixed Line Telecommunications industry trend, growth prospects and risks.

Fixed Line Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Fixed Line Telecommunications industry US.FIXEDTELCOS 127.02 0.5 0 -0.28123 58.6686 -1.27 -2.62 -9.88 -0.22274
Europe Fixed Line Telecommunications industry EU.FIXTELCOS 274.95 -1 -1 -1.28252 40.9259 -1.56 -4.19 -8.45 -0.26892
US Fixed Line Telecommunications Credit Spreads US.FIXEDTELCOS.CR 126.31 0 0 -0.56837 44.0087 1.54 6.84 -1.71 0.21606
Europe Fixed Line Telecommunications Credit Spreads EU.FIXEDTELCOS.CR 98.83 -0.5 -1 -0.98658 32.898 0.3 -1.23 0.71 -0.0288

Fixed Line Telecommunications industry News

Fixed Line Telecommunications industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Fixed Line Telecommunications industry by examining the stock and credit performance of major Fixed Line Telecommunications companies across the US, Europe, Eastern Europe and Asia Pacific. Fixed Line Telecommunications Stock performance is monitored by analyzing STOXX equity indices of major Fixed Line Telecommunications companies while Fixed Line Telecommunications credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Fixed Line Telecommunications high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Fixed Line Telecommunications sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Fixed Line Telecommunications industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Fixed Line Telecommunications momentum, Fixed Line Telecommunications trend, Fixed Line Telecommunications oscillator, Fixed Line Telecommunications RSI and Fixed Line Telecommunications returns.

Fixed Line Telecommunications industry Description

The subsector of Fixed Line Telecommunications includes OProviders of fixed-line telephone services, including regional and long-distance. Includes companies that primarily provide telephone services through the internet. Excludes companies whose primary business is Internet access, which are classified under Internet.

Fixed Line Telecommunications industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Fixed Line Telecommunications momentum signal ranges from -100 to +100. The Fixed Line Telecommunications momentum signal is derived as the mean value from 4 calculations for the Fixed Line Telecommunications . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Fixed Line Telecommunications momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Fixed Line Telecommunications momentum signal moves from positive to negative value or vice-versa.

Fixed Line Telecommunications industry trend

Fixed Line Telecommunications trend signal ranges from -100 to +100. Fixed Line Telecommunications trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Fixed Line Telecommunications Closing price vs Fixed Line Telecommunications moving average (MA) calculation: If Fixed Line Telecommunications is greater than Fixed Line Telecommunications MA value is +1, else -1, 2. Fixed Line Telecommunications Moving average slope calculation: if current Fixed Line Telecommunications moving average is higher than the previous MA, Fixed Line Telecommunications upward slope +1, else -1
Fixed Line Telecommunications trend model can be used as a trend strength indicator. Fixed Line Telecommunications trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Fixed Line Telecommunications trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Fixed Line Telecommunications 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Fixed Line Telecommunications is in an uptrend when Fixed Line Telecommunications price is higher than the 52-week moving average and the Fixed Line Telecommunications 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Fixed Line Telecommunications oscillator and Fixed Line Telecommunications RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Fixed Line Telecommunications industry oscillator

The Fixed Line Telecommunications oscillator estimated by MacroVar is the z-score of the currentFixed Line Telecommunications price versus Fixed Line Telecommunications 1-year simple moving average price. The formula for the Fixed Line Telecommunications oscillator is:
Fixed Line Telecommunications oscillator = (Current Price – 250 trading days Fixed Line Telecommunications simple moving average price) / (250 days Fixed Line Telecommunications price standard deviation)

Fixed Line Telecommunications oversold conditions
Fixed Line Telecommunications is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Fixed Line Telecommunications is oversold it is often due for a rebound. Values of the Fixed Line Telecommunications oscillator lower than -2.5 signify oversold conditions. It must be noted that the Fixed Line Telecommunications oscillator must be analyzed ibn conjunction with the rest ofFixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Fixed Line Telecommunications RSI.
Fixed Line Telecommunications overbought conditions
Fixed Line Telecommunications is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Fixed Line Telecommunications is overbought it is often due for a correction. Values of the Fixed Line Telecommunications oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Fixed Line Telecommunications quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Fixed Line Telecommunications RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Fixed Line Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringFixed Line Telecommunications uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Fixed Line Telecommunications industry returns

MacroVar calculates Fixed Line Telecommunications returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Fixed Line Telecommunications returns = (Fixed Line Telecommunications Closing Price – Fixed Line Telecommunications Previous Price)/(Fixed Line Telecommunications Previous Price)

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!