TESMEC SPA (TES.MI) Technical Analysis
BIT:TES • IT0004585243
Current stock price
TES.MI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TES. Although TES is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month TES has a been trading in the 0.11 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
- TES is one of the better performing stocks in the Machinery industry, it outperforms 87% of 107 stocks in the same industry.
- TES has an average volume of 6706170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TES did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- TES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TES is lagging the market slightly.
TES.MI Weekly and Daily overview Charts
TES.MI Setup Rating and Analysis
TES has a poor technical rating and the quality of the setup is also not perfect 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
TES.MI Support and Resistance Analysis
0.12
We found 1 important support area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.18 from a trend line in the daily time frame.
TES.MI Technical Indicator Signal Analysis
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 TES.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TES.MI is down. |
| ChartMill Relative Strength | 89.61 | POSITIVE | TES.MI has a high relative strength, it outperformed 89.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TES.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TES.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TES.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.59 | NEUTRAL | The RSI value for TES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TES.MI has a positive trend. |
| Stochastics (14,3) | 35.39 | NEUTRAL | The Stochastics value for TES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for TES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for TES.MI suggests a strong trend. |
TES.MI Chart- and CandleStick Pattern Analysis
TES.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:TES (4/2/2026, 5:29:47 PM)
0.136
0 (-2.16%)
TESMEC SPA / TES.MI TA FAQ
What is the ChartMill technical rating of TESMEC SPA (TES.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to TES.MI.
Can you provide the trend direction for TESMEC SPA?
The current trend direction for TESMEC SPA (TES.MI) is Bearish.
Can you provide the RSI signal for TESMEC SPA?
TESMEC SPA (TES.MI) has an RSI value of 42.5933. This indicates that the stock is currently neutral.
What is the short term momentum for TESMEC SPA (TES.MI) stock?
The short term momentum for TESMEC SPA (TES.MI) is negative.
Can you provide the buy/sell signal for TESMEC SPA?
The buy/sell signal for TESMEC SPA (TES.MI) is sell as both the short term and long term trends are negative.