TECK RESOURCES LTD-CLS B (TECK) Stock Technical Analysis
NYSE:TECK - New York Stock Exchange, Inc. - CA8787422044 - Common Stock - Currency: USD
Overall TECK gets a technical rating of 0 out of 10. TECK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
When comparing the yearly performance of all stocks, TECK is a bad performer in the overall market: 83% of all stocks are doing better.
TECK is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 79% are performing better than TECK.
TECK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TECK is lagging the market.
TECK has an average volume of 3941590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TECK has a been trading in the 32.92 - 38.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TECK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
33.64
54.33
When analyzing the support we notice one important area.
- Support @33.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 35.61 to 36.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.98 from a horizontal line in the daily time frame.
- Resistance @39.14 from a trend line in the daily time frame.
- 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.
- Resistance @50.02 from a trend line in the weekly time frame.
- Resistance @53.79 from a horizontal line in the weekly 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TECK is neutral. |
| ChartMill Relative Strength | 17.99 | NEGATIVE | TECK has a low relative strength, it was outperformed by 82.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TECK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TECK is below a declining 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) | 48.58 | NEUTRAL | The RSI value for TECK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TECK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.81 | NEUTRAL | The Stochastics value for TECK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.53 | 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)
35.47
-0.17 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.48%
1 Week-2.8%
2 Weeks2.19%
1 Month-2.12%
3 Month-13.76%
6 Month-24.23%
12 Month-30.94%
2 Year-9.21%
3 Year-14.61%
5 Year273.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%3.3%
ATR Inc-54.87%
Range Today0.48
ADR(20)0.93
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.99
Mansfield-2.13
10 Day High38.88
10 Day Low34.8
20 Day High38.88
20 Day Low32.92
52 Week High54.13
52 Week Low28.32
CS1 End33.98
CR1 Start35.61
Volume & EV
DER(3)-0.78%
DER(5)-0.05%
Volume1.98M
Volume Incr-21.73%
Vol(5)2.71M
Vol(50)3.94M