TESMEC SPA (TES.MI) Stock Technical Analysis
BIT:TES - IT0004585243 - Common Stock
0.0908 EUR
+0 (+0.89%)
We assign a technical rating of 9 out of 10 to TES. 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.
Both the short term and long term trends are positive. This is a very positive sign.
TES is part of the Machinery industry. There are 105 other stocks in this industry. TES outperforms 82% of them.
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.
In the last month TES has a been trading in the 0.06 - 0.10 range, which is quite wide. It is currently trading near the high of this range.
TES has an average volume of 4581540 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 relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
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.
More info and screens
0.08
0.10
When analyzing the support we notice one important area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.09 from a trend line in the daily time frame.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 89.41 | POSITIVE | TES.MI has a high relative strength, it outperformed 89.41% 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) | DOWN | MIXED | The current price of TES.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.61 | 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) | 70.72 | NEUTRAL | The Stochastics value for TES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for TES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 48.42 | POSITIVE | The high ADX value value for TES.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:TES (9/5/2025, 7:00:00 PM)
0.0908
+0 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.89%
1 Week-1.3%
2 Weeks21.07%
1 Month37.58%
3 Month61.85%
6 Month33.33%
12 Month4.25%
2 Year-19.07%
3 Year-22.66%
5 Year-55.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.27%
ATR Inc5.16%
Range Today0.01
ADR(20)0
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.41
Mansfield1.75
10 Day High0.1
10 Day Low0.08
20 Day High0.1
20 Day Low0.06
52 Week High0.1
52 Week Low0.05
CS1 End0.08
CR1 Start0.09
Volume & EV
DER(3)-0.08%
DER(5)-0.05%
Volume3.53M
Volume Incr59.75%
Vol(5)9.47M
Vol(50)4.58M