TECK RESOURCES LTD-CLS B (TECK) Stock Technical Analysis
NYSE:TECK - New York Stock Exchange, Inc. - CA8787422044 - Common Stock - Currency: USD
Taking everything into account, TECK scores 4 out of 10 in our technical rating. In the past year, TECK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TECK is a bad performer in the overall market: 84% of all stocks are doing better.
TECK is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 77% are performing better than TECK.
In the last month TECK has a been trading in the 34.80 - 39.38 range, which is quite wide. It is currently trading near the high of this range.
TECK has an average volume of 3775900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TECK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TECK is lagging the market.
TECK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.27, a Stop Loss order could be placed below this zone.
More info and screens
33.64
44.18
2 important support areas can be observed.
- A support zone ranging from 37.14 to 37.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.98 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.03 to 39.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.69 to 43.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECK is up. |
| ChartMill Relative Strength | 16.85 | NEGATIVE | TECK has a low relative strength, it was outperformed by 83.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TECK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TECK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TECK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.32 | NEUTRAL | The RSI value for TECK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TECK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests TECK may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for TECK 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)
37.97
-0.83 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.14%
1 Week-1.63%
2 Weeks0.77%
1 Month2.35%
3 Month-9.85%
6 Month-13.88%
12 Month-20.5%
2 Year-9.81%
3 Year24.21%
5 Year264.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%2.69%
ATR Inc-8.07%
Range Today0.96
ADR(20)0.89
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.85
Mansfield-1.68
10 Day High39.38
10 Day Low36.21
20 Day High39.38
20 Day Low34.8
52 Week High54.13
52 Week Low28.32
CS1 End37.27
CR1 Start38.03
Volume & EV
DER(3)1.47%
DER(5)0.15%
Volume5.20M
Volume Incr2.63%
Vol(5)3.31M
Vol(50)3.78M