TESMEC SPA (TES.MI) Technical Analysis
BIT:TES • IT0004585243
Current stock price
TES.MI Technical Rating and Analysis
Overall TES gets a technical rating of 2 out of 10. 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.
- In the last month TES has a been trading in the 0.12 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TES is part of the Machinery industry. There are 107 other stocks in this industry. TES outperforms 81% of them.
- TES has an average volume of 5999480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, TES did better than 83% 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
The technical rating of TES 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
TES.MI Support and Resistance Analysis
0.12
We found 1 important resistance area.
- Resistance @0.19 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 | NEUTRAL | NEUTRAL | The long term trend for TES.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TES.MI is down. |
| ChartMill Relative Strength | 83.79 | POSITIVE | TES.MI has a high relative strength, it outperformed 83.79% 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) | 24.98 | OVERSOLD | The low RSI value suggests TES.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TES.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.5 | OVERSOLD | The low Stochastics value suggests TES.MI may be oversold. |
| Average True Range in percent/ATR (20) | 10.97 | HIGH VOLATILITY | The high ATR as a percentage value for TES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.97 | 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 (3/20/2026, 7:00:00 PM)
0.1214
0 (-2.57%)
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.
What is the RSI signal for TESMEC SPA (TES.MI) stock?
TESMEC SPA (TES.MI) has an RSI value of 24.9829. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for TESMEC SPA?
TESMEC SPA (TES.MI) has a resistance level at 0.19. Check the full technical report for our detailed analysis of TES.MI support and resistance levels.