Million

Resistance

Simply

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>TELL stock price decreased by 11.52% over the past week and the current volume is above average volume.</a> </li> 
 <li> <span>2</span> <a>Tellurian Inc. (NYSEAMERICAN: TELL) stock’s 52-week price range is $0.9400 – $2.43.</a> </li> 
</ul> 
<p>As per Q2 2023, results in Tellurian Inc, the loss per share is $0.11 in TELL stock, and revenue is down by 48% from Q2 of 2022. Moreover, net loss widened in TELL Stock by $59.6 Million, as compared to Q2 2022 results.&nbsp;</p> 
<p>Revenue missed analyst estimates by 28% and earnings per share (EPS) also missed analyst estimates by 65%. However, over the last 3 years on average, EPS has increased by 77% per year but the Tellurian company’s share price has only increased by just 15% per year, which highlights TELL is significantly lagging behind earnings growth.</p> 
<p>Tellurian has a debt-to-equity ratio of 64.0%, as reported by Simply Wall St. This implies that it has less debt than equity, which is the difference between its total assets of $1.26 Billion and total liabilities of $660.88 Million. Tellurian debt is $383.57 Million, while its equity is $599.37 Million.</p> 
<p>Moreover, Tellurian Inc. (TELL) stock market capitalization is $849.457 Million and the total revenue is $391.926 Million. Moreover, the stock’s basic EPS is -$0.13 and the price-to-earnings ratio is -12.1.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-tell-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of TELL Stock Price in 1-D Timeframe</strong></h2> 
<p>The price action shows that Tellurian Inc. (NYSEAMERICAN: TELL) stock price has been on an inclining trend for the last three months, increasing by 17.74% making higher highs and higher lows, and continuously following trendline support.</p> 
<p>At the time of writing, TELL stock is facing resistance and violated the uptrend by making lower lows from $1.75 trading at around $1.46 and declining.</p> 
<p>Therefore, if the TELL price fails to sustain the current level and drops, it might hit the nearest support levels of $1.17 and $0.9422.</p> 
<p>However, if it maintains the current level, the TELL prices could continue to move upward and reach the first and second resistances of $1.63 and $1.75.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/zhCaJyis18MlqYaxBIu4AEg9YNxBkeSAENyaKpL6tZzvZZKx4SLSmzApIsj8WaVrYGVBSuA2CqDMKNv3k5O7z8jLcDnXZz1Uw1ZCK7QDJZ-y1jkVv3MMMcwTT5AkQMXmgygnKgkagurAVBI3Opkvlg" alt="Tellurian Stock Price Forecast: Can TELL Touch Rock Bottom Soon?"> 
  <figcaption class="wp-element-caption">
    Source: TELL.1D.NYSEarca by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>At the time of publishing, Tellurian Inc. (NYSEAMERICAN: TELL) is trading below the 20, 50, 100,&nbsp; and 200-day EMA (exponential moving averages), which rejects the TELL price trend.&nbsp;</p> 
<p>Hence, the TELL price is expected to move downwards, showing a bearish overview over the daily time frame chart.<br></p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/MS_09DfGuflrG2xR2zqm_9xJW4-zP2iZ2Rcfz_Jd1Eh_rQ5W2VSmC8M7XKEN92gZJHGrf3rmjU86ItHwGAkLWLgX8VFSdCijP5fg6ldSFIG8J_7QGfwC3WjygK9ur05XcpgMVtRTukIx3PvlO70y-w" alt="Tellurian Stock Price Forecast: Can TELL Touch Rock Bottom Soon?"> 
  <figcaption class="wp-element-caption">
    Source: TELL.1D.NYSEarca by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p><br>The current value of RSI is 44.83 points. The 14 SMA is above the median line at 54.76 points which indicates that Tellurian stock is in bearish territory as RSI took rejection from the 14 SMA line and headed towards the oversold zone.</p> 
<p>The MACD line at 0.0.0195 and signal line at 0.0473 are above the zero line and both lines have crossed each other. A bearish crossover is observed in the MACD oscillator which signals bearishness for the Tellurian<a href="https://www.thecoinrepublic.com/2023/07/20/rocket-lab-rklb-stock-price-skyrockets-launching-nasa-satellites/" target="_blank" rel="noopener noreferrer nofollow"> stock price</a>.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>Tellurian Inc. indicates that the investors and traders of the stock price are bearish on the 1-D time frame. The price action reflects a bearish outlook at the time of publishing. The technical analysis tools of Tellurian stock price also support bearishness. The MACD, RSI, and EMA highlight negative signals and imply that a downtrend may continue in Tellurian stock price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels</strong>: The nearest support levels for Tellurian stock price are $1.17 and $0.9422.</li> 
 <li><strong>Resistance levels:</strong> The nearest resistance levels for the Tellurian stock price are $1.63 and $1.75.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Tellurian Stock Price Forecast: Can TELL Touch Rock Bottom Soon?

Table of Contents

Thecoinrepublic.com

Other articles published on Aug 12, 2023

Oduwacoin’s Impact On Remittances, Cross-border Transactions

Explore Some Unknown Use Cases of NFTs from A Business Perspective

Former US President Donald Turmp Reveals He Owns Cryptocurrency in His Latest Financial Report

Shiba Inu (SHIB) Lights Up: Sparks New Price Rally

Curve Finance to Reimburse Users Following the $62 Million DeFi Hack!

Cryptocurrency Crisis in Ukraine: Zelensky Dismissed Top Executives

Join our free newsletter for daily crypto updates!