TECK RESOURCES LTD-CLS B (TECK) Stock Technical Analysis
NYSE:TECK - CA8787422044 - Common Stock
34.19 USD
+0.42 (+1.24%)
33.77 USD
-0.42 (-1.23%)
Taking everything into account, TECK scores 1 out of 10 in our technical rating. 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: 89% of all stocks are doing better.
TECK is one of the lesser performing stocks in the Metals & Mining industry. 87% of 156 stocks in the same industry do better.
TECK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TECK has a been trading in the 30.98 - 34.40 range, which is quite wide. It is currently trading near the high of this range.
TECK has an average volume of 4225360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TECK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.95
43.20
We found 2 important support areas.
- Support @32.00 from a trend line in the weekly time frame.
- A support zone ranging from 31.26 to 31.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 34.20 to 34.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 39.92 to 39.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.54 from a horizontal line in the daily time frame.
- Resistance @42.77 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 | 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 | 11.12 | NEGATIVE | TECK has a low relative strength, it was outperformed by 88.88% 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) | 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) | 54.27 | NEUTRAL | The RSI value for TECK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests TECK has a positive trend. |
| Stochastics (14,3) | 82.7 | OVERBOUGHT | The high Stochastics value suggests TECK may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for TECK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.04 | POSITIVE | The high ADX value value for TECK suggests a strong 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)
34.19
+0.42 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.24%
1 Week1.73%
2 Weeks6.05%
1 Month8.16%
3 Month-7.72%
6 Month-15.22%
12 Month-28.62%
2 Year-17.26%
3 Year1%
5 Year196.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.41%
ATR Inc3.55%
Range Today0.64
ADR(20)0.75
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.12
Mansfield-2.35
10 Day High34.4
10 Day Low30.98
20 Day High34.4
20 Day Low30.98
52 Week High54.13
52 Week Low28.32
CS1 End32
CR1 Start34.2
Volume & EV
DER(3)4.73%
DER(5)4.19%
Volume2.50M
Volume Incr-28.88%
Vol(5)2.87M
Vol(50)4.23M