TESMEC SPA (TES.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:TES - IT0004585243 - Common Stock
Taking everything into account, TES scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month TES has a been trading in the 0.15 - 0.18 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that TES is one of the better performing stocks in the market, outperforming 97% of all stocks.
- TES is one of the better performing stocks in the Machinery industry, it outperforms 95% of 115 stocks in the same industry.
- TES is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TES is lagging the market slightly.
- TES has an average volume of 6498430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
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
0.14
2 important support areas can be observed.
- A support 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.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.18 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for TES.MI is neutral. |
| ChartMill Relative Strength | 97.09 | POSITIVE | TES.MI has a high relative strength, it outperformed 97.09% 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) | 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) | 45.43 | NEUTRAL | The RSI value for TES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TES.MI has a negative trend. |
| Stochastics (14,3) | 12.59 | OVERSOLD | The low Stochastics value suggests TES.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for TES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for TES.MI suggests a strong trend. |
BIT:TES (1/16/2026, 7:00:00 PM)
0.1542
0 (-2.53%)
TESMEC SPA / TES.MI FAQ
What is the ChartMill technical rating of TESMEC SPA (TES.MI) stock?
ChartMill assigns a technical rating of 8 / 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 45.427. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TESMEC SPA?
TESMEC SPA (TES.MI) has a support level at 0.15 and a resistance level at 0.18. Check the full technical report for our detailed analysis of TES.MI support and resistance levels.