Europe - BIT:TES - IT0004585243 - Common Stock
Taking everything into account, TES scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TES has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TES has an excellent technical rating, it does not offer a high 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.
0.11
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for TES.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TES.MI is up. |
| ChartMill Relative Strength | 96.77 | POSITIVE | TES.MI has a high relative strength, it outperformed 96.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TES.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TES.MI is above the rising 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) | 57.44 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 60.94 | NEUTRAL | The Stochastics value for TES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for TES.MI suggests a possible start of a new trend. |
BIT:TES (11/14/2025, 7:00:00 PM)
0.1234
0 (-2.06%)
ChartMill assigns a technical rating of 9 / 10 to TES.MI.
The current trend direction for TESMEC SPA (TES.MI) is Bullish.
TESMEC SPA (TES.MI) has an RSI value of 57.4426. This indicates that the stock is currently neutral.
The buy/sell signal for TESMEC SPA (TES.MI) is buy as both the short term and long term trends are positive.
TESMEC SPA (TES.MI) has a support level at 0.11 and a resistance level at 0.13. Check the full technical report for our detailed analysis of TES.MI support and resistance levels.