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Is TU showing downside potential? New 52 Week Closing Low shows up after slipping 2.71%

Telus Corporation (TU) — Nightly Technical Analysis · Jun 29, 2026, 19:59 ET
TU closed down 2.71% on Monday, June 29th, with volume running 1.5× above average. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, Lower Bollinger Band Walk & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 10.66, 10.52 & 10.3, with resistance at 11.02, 11.24 & 11.38. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of TU: F

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TELUS Corporation (TU)