TESMEC SPA (TES.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:TES - IT0004585243 - Common Stock
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.
Although TES has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.06
We found 3 important support areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.11 from a horizontal line in the daily time frame.
- Support @0.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 97.01 | POSITIVE | TES.MI has a high relative strength, it outperformed 97.01% 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) | 85.12 | 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) | 94.52 | OVERBOUGHT | The high Stochastics value suggests TES.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.33 | POSITIVE | The high ADX value value for TES.MI suggests a strong trend. |
BIT:TES (12/16/2025, 5:22:56 PM)
0.152
-0.02 (-12.24%)
TESMEC SPA / TES.MI FAQ
What is the ChartMill technical rating of TESMEC SPA (TES.MI) stock?
ChartMill assigns a technical rating of 9 / 10 to TES.MI.
What is the current trend direction of TESMEC SPA (TES.MI) stock?
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 85.1168. This indicates that the stock is currently overbought.
What is the buy/sell signal for TESMEC SPA (TES.MI) stock?
The buy/sell signal for TESMEC SPA (TES.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TES stock?
TESMEC SPA (TES.MI) has a support level at 0.16. Check the full technical report for our detailed analysis of TES.MI support and resistance levels.