TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
EBR:TESB - Euronext Brussels - BE0003555639 - Common Stock - Currency: EUR
Overall TESB gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TESB is only an average performer.
Warning: TESB has an average volume of 17313 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
TESB is one of the better performing stocks in the Chemicals industry, it outperforms 75% of 67 stocks in the same industry.
TESB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TESB has a been trading in the 25.30 - 27.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TESB turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Although TESB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.50
27.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.56 to 27.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.04 to 26.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.75 to 25.20. 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 TESB.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TESB.BR is up. |
| ChartMill Relative Strength | 63.37 | NEUTRAL | TESB.BR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TESB.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TESB.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.21 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TESB.BR has a positive trend. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for TESB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for TESB.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for TESB.BR suggests a weak or negative 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)
EBR:TESB (7/24/2025, 2:08:07 PM)
27.65
+0.1 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.36%
1 Week3.77%
2 Weeks5.56%
1 Month7.62%
3 Month7.83%
6 Month30.88%
12 Month12.91%
2 Year-9.67%
3 Year-9.97%
5 Year9.33%
10 Year-22.79%
15 Year20.99%
Volatility
ATR(14)0.49
ATR(20)%1.81%
ATR Inc61.54%
Range Today0.3
ADR(20)0.48
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.37
Mansfield0.58
10 Day High27.6
10 Day Low26.1
20 Day High27.6
20 Day Low25.3
52 Week High27.6
52 Week Low18.56
CS1 End26.76
CR1 Start27.56
Volume & EV
DER(3)0.32%
DER(5)0.29%
Volume787
Volume Incr29.68%
Vol(5)20.96K
Vol(50)17.31K