TESSENDERLO GROUP (TESB.BR) Technical Analysis
EBR:TESB • BE0003555639
Current stock price
TESB.BR Technical Rating and Analysis
Taking everything into account, TESB scores 0 out of 10 in our technical rating. TESB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TESB is a bad performer in the overall market: 89% of all stocks are doing better.
- TESB is one of the lesser performing stocks in the Chemicals industry. 72% of 69 stocks in the same industry do better.
- TESB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TESB is lagging the market.
- In the last month TESB has a been trading in the 19.36 - 26.20 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TESB has an average volume of 21737 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
TESB.BR Weekly and Daily overview Charts
TESB.BR Setup Rating and Analysis
The technical rating of TESB is bad and it also does not present a 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
TESB.BR Support and Resistance Analysis
20.29
When analyzing the support we notice one important area.
- Support @20.49 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.72 to 23.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong resistance @26.20 from a horizontal line in the daily time frame.
- Resistance @27.70 from a horizontal line in the weekly time frame.
TESB.BR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TESB.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TESB.BR is down. |
| ChartMill Relative Strength | 11.08 | NEGATIVE | TESB.BR has a low relative strength, it was outperformed by 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TESB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TESB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TESB.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.82 | OVERSOLD | The low RSI value suggests TESB.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests TESB.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests TESB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 40.4 | POSITIVE | The high ADX value value for TESB.BR suggests a strong trend. |
TESB.BR Chart- and CandleStick Pattern Analysis
TESB.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:TESB (4/7/2026, 12:27:59 PM)
20.5
0 (0%)
TESSENDERLO GROUP / TESB.BR TA FAQ
Can you provide the ChartMill technical rating for TESSENDERLO GROUP?
ChartMill assigns a technical rating of 0 / 10 to TESB.BR.
Can you provide the trend direction for TESSENDERLO GROUP?
The current trend direction for TESSENDERLO GROUP (TESB.BR) is Bearish.
What is the RSI signal for TESB stock?
TESSENDERLO GROUP (TESB.BR) has an RSI value of 27.8215. This indicates that the stock is currently oversold.
What is the MACD signal for TESSENDERLO GROUP (TESB.BR) stock?
The MACD indicator for TESSENDERLO GROUP (TESB.BR) has a value of -0.422155, indicating a bearish trend.
What is the short term momentum for TESSENDERLO GROUP (TESB.BR) stock?
The short term momentum for TESSENDERLO GROUP (TESB.BR) is negative.