TESMEC SPA (TES.MI) Stock Technical Analysis
BIT:TES • IT0004585243
We assign a technical rating of 10 out of 10 to TES. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TES is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that TES is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, TES also shows a nice and consistent pattern of rising prices.
- TES is part of the Machinery industry. There are 112 other stocks in this industry. TES outperforms 97% of them.
- TES is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TES has a been trading in the 0.15 - 0.21 range, which is quite wide. It is currently trading near the high of this range.
- TES has an average volume of 6706770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TES has an excellent technical rating, but the quality of the setup is only medium 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
0.15
5 important support areas can be observed.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.16 from a trend line in the weekly time frame.
- Support @0.15 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 | 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 | 98.8 | POSITIVE | TES.MI has a high relative strength, it outperformed 98.8% 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) | 70.89 | OVERBOUGHT | The high RSI value suggests TES.MI may be overbought. |
| 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) | 84.24 | OVERBOUGHT | The high Stochastics value suggests TES.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for TES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.79 | POSITIVE | The high ADX value value for TES.MI suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.22 | 0.18 | 0.04 (17.81%) | 5.62% |
| An entry @0.22. This is a Buy Stop order right above the 10 day high. | An exit @0.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.04 points, which is 17.81%. | For a 1.00% total portfolio risk, you can invest 5.62% 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.
BIT:TES (2/17/2026, 5:26:31 PM)
0.201
0 (-0.74%)
TESMEC SPA / TES.MI FAQ
What is the ChartMill technical rating of TESMEC SPA (TES.MI) stock?
ChartMill assigns a technical rating of 10 / 10 to TES.MI.
Can you provide the trend direction for TESMEC SPA?
The current trend direction for TESMEC SPA (TES.MI) is Bullish.
What is the RSI signal for TESMEC SPA (TES.MI) stock?
TESMEC SPA (TES.MI) has an RSI value of 70.8875. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for TESMEC SPA?
The buy/sell signal for TESMEC SPA (TES.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for TESMEC SPA?
TESMEC SPA (TES.MI) has a support level at 0.19. Check the full technical report for our detailed analysis of TES.MI support and resistance levels.