TECK RESOURCES LTD-CLS B (TECK-B.CA) Stock Technical Analysis
Canada - TSX:TECK-B - CA8787422044 - Common Stock
Taking everything into account, TECK-B scores 8 out of 10 in our technical rating. Although TECK-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TECK-B has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 61.32. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TECK-B in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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43.88
4 important support areas can be observed.
- A support zone ranging from 59.51 to 60.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.49 from a horizontal line in the daily time frame.
- Support @52.93 from a horizontal line in the daily time frame.
- Support @44.32 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 61.32 to 62.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.67 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TECK-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECK-B.CA is up. |
| ChartMill Relative Strength | 63.64 | NEUTRAL | TECK-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TECK-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TECK-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TECK-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.61 | NEUTRAL | The RSI value for TECK-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests TECK-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.82 | NEUTRAL | The Stochastics value for TECK-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for TECK-B.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.27 | 59.50 | 2.77 (4.45%) | 22.48% |
| An entry @62.27. This is a Buy Stop order right above the resistance zone. | An exit @59.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.77 points, which is 4.45%. | When investing 22.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TECK-B. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:TECK-B (10/29/2025, 7:00:00 PM)
61.31
+1.11 (+1.84%)
TECK RESOURCES LTD-CLS B / TECK-B.CA FAQ
Can you provide the ChartMill technical rating for TECK RESOURCES LTD-CLS B?
ChartMill assigns a technical rating of 8 / 10 to TECK-B.CA.
What is the trend direction for TECK-B stock?
The current trend direction for TECK RESOURCES LTD-CLS B (TECK-B.CA) is Bullish.
What is the RSI signal for TECK-B stock?
TECK RESOURCES LTD-CLS B (TECK-B.CA) has an RSI value of 58.605. This indicates that the stock is currently neutral.
What is the short term momentum for TECK-B stock?
The short term momentum for TECK RESOURCES LTD-CLS B (TECK-B.CA) is positive.
What is the support and resistance level for TECK-B stock?
TECK RESOURCES LTD-CLS B (TECK-B.CA) has a support level at 60.35 and a resistance level at 61.32. Check the full technical report for our detailed analysis of TECK-B.CA support and resistance levels.