TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:TESB - BE0003555639 - Common Stock
Taking everything into account, TESB scores 4 out of 10 in our technical rating. Although TESB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, TESB did better than 76% of all other stocks.
- TESB is part of the Chemicals industry. There are 69 other stocks in this industry. TESB outperforms 77% of them.
- TESB 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 TESB is lagging the market slightly.
- In the last month TESB has a been trading in the 25.10 - 27.10 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TESB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TESB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.50
We found 1 important support area.
- A support zone ranging from 24.75 to 26.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @26.45 from a horizontal line in the daily time frame.
- Strong resistance @26.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.65 to 27.70. 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 | NEUTRAL | NEUTRAL | The long term trend for TESB.BR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TESB.BR is neutral. |
| ChartMill Relative Strength | 76.6 | POSITIVE | TESB.BR has a high relative strength, it outperformed 76.6% 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 | MIXED | The current price of TESB.BR is above a declining 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) | 54.98 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TESB.BR has a positive trend. |
| Stochastics (14,3) | 78.06 | NEUTRAL | The Stochastics value for TESB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.98 | NEGATIVE | The low ADX value for TESB.BR suggests a weak or negative trend. |
EBR:TESB (1/16/2026, 5:25:25 PM)
26.45
-0.35 (-1.31%)
TESSENDERLO GROUP / TESB.BR FAQ
Can you provide the ChartMill technical rating for TESSENDERLO GROUP?
ChartMill assigns a technical rating of 4 / 10 to TESB.BR.
Can you provide the trend direction for TESSENDERLO GROUP?
The current trend direction for TESSENDERLO GROUP (TESB.BR) is Bearish.
Can you provide the RSI signal for TESSENDERLO GROUP?
TESSENDERLO GROUP (TESB.BR) has an RSI value of 54.9825. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TESSENDERLO GROUP?
The MACD indicator for TESSENDERLO GROUP (TESB.BR) has a value of 0.0653641, indicating a bearish trend.