TESSENDERLO GROUP (TESB.BR) Technical Analysis
EBR:TESB • BE0003555639
Current stock price
TESB.BR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TESB. 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.
- 92% of all other stocks performed better in the past year than TESB.
- TESB is one of the lesser performing stocks in the Chemicals industry. 77% of 72 stocks in the same industry do better.
- TESB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: TESB has an average volume of 19042 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month TESB has a been trading in the 20.00 - 21.75 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
TESB.BR Weekly and Daily overview Charts
TESB.BR Setup Rating and Analysis
Although the technical rating is bad, TESB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.30, a Stop Loss order could be placed below this zone.
More info and screens
TESB.BR Support and Resistance Analysis
20.30
We found 2 important support areas.
- A support zone ranging from 21.00 to 21.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.50 to 20.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.54 to 21.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.15 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 | 8.64 | NEGATIVE | TESB.BR has a low relative strength, it was outperformed by 91.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TESB.BR is above the rising 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) | 42.56 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests TESB.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for TESB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.43 | 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 (4/30/2026, 7:00:00 PM)
21.35
-0.15 (-0.7%)
TESSENDERLO GROUP / TESB.BR TA FAQ
Can you provide the ChartMill technical rating for TESSENDERLO GROUP?
ChartMill assigns a technical rating of 1 / 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 42.563. This indicates that the stock is currently neutral.
What is the MACD signal for TESSENDERLO GROUP (TESB.BR) stock?
The MACD indicator for TESSENDERLO GROUP (TESB.BR) has a value of 0.215019, 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.