TECK RESOURCES LTD-CLS B (TECK-B.CA) Stock Technical Analysis
TSX:TECK-B - Toronto Stock Exchange - CA8787422044 - Common Stock - Currency: CAD
Taking everything into account, TECK-B scores 2 out of 10 in our technical rating. TECK-B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than TECK-B.
TECK-B is one of the lesser performing stocks in the Metals & Mining industry. 70% of 808 stocks in the same industry do better.
TECK-B has an average volume of 1578780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TECK-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TECK-B is lagging the market.
In the last month TECK-B has a been trading in the 48.51 - 53.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TECK-B does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 52.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
48.70
55.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 51.50 to 52.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.19 to 49.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 52.78 to 53.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.24 from a trend 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 | DOWN | NEGATIVE | The long term trend for TECK-B.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TECK-B.CA is neutral. |
| ChartMill Relative Strength | 14.54 | NEGATIVE | TECK-B.CA has a low relative strength, it was outperformed by 85.46% off all stocks 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) | DOWN | MIXED | The current price of TECK-B.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TECK-B.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.08 | NEUTRAL | The RSI value for TECK-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TECK-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.4 | NEUTRAL | The Stochastics value for TECK-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for TECK-B.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:TECK-B (6/13/2025, 7:00:00 PM)
52.45
+0.8 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.55%
1 Week-0.72%
2 Weeks3.13%
1 Month2.9%
3 Month-13.28%
6 Month-16.41%
12 Month-20.06%
2 Year-5.9%
3 Year33.26%
5 Year268.85%
10 Year323.67%
15 Year66.61%
Volatility
ATR(14)1.37
ATR(20)%2.69%
ATR Inc20.22%
Range Today2
ADR(20)1.28
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.54
Mansfield-1.67
10 Day High53.97
10 Day Low49.71
20 Day High53.97
20 Day Low48.51
52 Week High72.92
52 Week Low40.23
CS1 End52.44
CR1 Start52.78
Volume & EV
DER(3)-2.88%
DER(5)-1.83%
Volume1.58M
Volume Incr84.08%
Vol(5)2.35M
Vol(50)1.58M