TECK RESOURCES LTD-CLS B (TECK)

CA8787422044 - Common Stock

48.41  -0.78 (-1.59%)

After market: 48.41 0 (0%)

Technical Rating and Analysis

9

Overall TECK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TECK is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
TECK is part of the Metals & Mining industry. There are 154 other stocks in this industry. TECK outperforms 71% of them.
TECK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TECK is performing more or less in line with the market.
In the last month TECK has a been trading in the 44.53 - 51.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TECK has an average volume of 4434270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TECK did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
TECK Weekly chart
TECK Daily chart
Setup Rating and Analysis

7

TECK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

35.87

48.89

We found 6 important support areas.

  • A support zone ranging from 47.90 to 48.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.46 from a trend line in the daily time frame.
  • A support zone ranging from 44.47 to 45.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 38.80 to 39.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @37.26 from a horizontal line in the daily time frame.
  • A support zone ranging from 36.23 to 36.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.92
Mansfield0.81
10 Day High51.65
10 Day Low44.53
20 Day High51.65
20 Day Low44.53
52 Week High51.65
52 Week Low34.38
Performance
1 Week6.54%
2 Weeks2.56%
1 Month1.15%
3 Month21.91%
6 Month30.03%
12 Month11.01%
2 Year16.54%
3 Year95.91%
5 Year138.36%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.84
LBB44.57
UBB51.19
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
51.6646.255.41 (10.47%)9.55%
An entry @51.66. This is a Buy Stop order right above the 10 day high.An exit @46.25. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 5.41 points, which is 10.47%.For a 1.00% total portfolio risk, you can invest 9.55% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TECK Daily chart

TECK RESOURCES LTD-CLS B

NYSE:TECK (5/1/2024, 3:15:00 PM)

After market: 48.41 0 (0%)

48.41

-0.78 (-1.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.59%
1 Week6.54%
2 Weeks2.56%
1 Month1.15%
3 Month21.91%
6 Month30.03%
12 Month11.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.84
ATR(20)%3.69%
ATR Inc
Range Today1.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High51.65
10 Day Low44.53
20 Day High51.65
20 Day Low44.53
52 Week High51.65
52 Week Low34.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.42M
Volume Incr13.39%
Vol(5)5.32M
Vol(50)4.43M