TSX:TECK-B - Toronto Stock Exchange - CA8787422044 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to TECK-B. 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.
Although the technical rating is bad, TECK-B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 49.46, a Stop Loss order could be placed below this zone.
48.51
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 | 15.92 | NEGATIVE | TECK-B.CA has a low relative strength, it was outperformed by 84.08% 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 | NEGATIVE | The current price of TECK-B.CA is below 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) | 51.43 | NEUTRAL | The RSI value for TECK-B.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests TECK-B.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 40.37 | NEUTRAL | The Stochastics value for TECK-B.CA is a neutral value. |
Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK-B.CA suggests some volalility. |
Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for TECK-B.CA suggests a weak or negative trend. |
TSX:TECK-B (5/23/2025, 7:00:00 PM)
50.24
+1.04 (+2.11%)