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TEVA

Requested read · Wednesday 26 August 2026, 01:36 · same framework and thresholds as the weekly CFO screen

Market regime: SPY above its rising 200DMA; efficiency ratio 0.04 — overlapping, stand aside. Stage: Mature Trend.
TEVA
Teva Pharmaceutical Industries
Stand aside — overlapping range behaviour — efficiency ratio 0.07 vs the 0.15 threshold (genuine chop).
Mature Trend XLV sector confirmed 1 insider(s) buy date unknown
55
conviction / 100
+6.7 since 19 Aug
66.4
technical / 100
$0–$0
No trade / watch only · Hard gate breached.
Regime clarity15.5
Sponsorship / positioning10.0
Volatility behaviour18.0
Catalyst alignment (insider)2.0
Cross-asset confirmation9.6
Stand aside — hard gate breached
  • Overlapping range behaviour — efficiency ratio 0.07 vs the 0.15 threshold (genuine chop).
Last
38.10
Add above
38.11
Cut below
30.15
50DMA
34.00
200DMA
32.10
TEVA daily chart: price with 50 and 200 day moving averages, volume, and on-balance volume
TEVA — daily, 14 months
XLV sector ETF daily chart
XLV — sector ETF, daily, 14 months
Pillar detail, thesis support and invalidation
Regime clarity
  • price above 200DMA
  • 200DMA rising
  • 50DMA rising
  • partial HH/HL structure
  • efficiency ratio 0.07 (overlapping)
Sponsorship / positioning
  • OBV 50d slope +0.084 avg-daily-volumes/bar
  • price/volume history is NOT one continuous security — a single 26% session gap. A conversion, large secondary or stock merger changes the share count, so the 200DMA averages two capital structures and OBV sums two different securities. Read this pillar with suspicion.
  • no OBV divergence at highs
  • OBV fell through last pullback
Volatility behaviour
  • last pullback 17.0% deep
  • no wide downside expansion bars (30d)
  • ATR contracting vs 20d mean
Catalyst alignment (insider)
  • single insider — no cluster
  • net purchase ratio unavailable
  • NO CFO purchase in the window — the CFO-specific terms score zero
  • no CFO buy to date — recency not scored
Cross-asset confirmation
  • closest sector ETF: XLV
  • XLV above rising 200DMA (sector-led)
  • XLV vs SPY 6m: -0.0 pts
  • stock vs XLV RS (3m/6m avg): -4.1 pts
What strengthens the thesis
  • A confirmed higher high above 38.11 on expanding OBV.
  • Pullbacks that hold the rising 50DMA with flat-to-rising OBV.
  • XLV extending its own trend while the stock holds relative strength.
What invalidates the thesis
  • Loss of the rising 50DMA (34.00) with expanding volatility — reduce.
  • Breakdown below the prior structural base (30.15) — exit, no averaging down.
  • OBV divergence during a price acceleration — reduce.
  • Sector ETF losing its own 200DMA — remove capital regardless of stock behaviour.
Insider detail
  • CFO: —
  • 0 CFO purchase(s), — total; last filed
  • Market cap $44,397,780,992 · 20d avg dollar volume $215,921,132
Net insider activity
  • No open-market insider transactions found in the lookback window.
Reaction to news
5 material events; 2 taken well, 0 badly; last earnings 29 Jul: neutral (+9.6%).
SessionFilingEventGapDayvs SPYVol+5dRead
29 Jul 268-K · earningsResults of operations (earnings)+6.3%+9.6%+11.1%3.7x+0.0%Neutral
29 Jul 2610-QQuarterly report+6.3%+9.6%+11.1%3.7x+0.0%Neutral
28 May 268-KMaterial event-1.1%-0.1%-0.7%0.5x-0.3%Neutral
29 Apr 268-K · earningsResults of operations (earnings); Regulation FD disclosure+7.5%+11.9%+11.9%4.6x+2.7%Rewarded
29 Apr 2610-QQuarterly report+7.5%+11.9%+11.9%4.6x+2.7%Rewarded