TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
EBR:TESB - Euronext Brussels - BE0003555639 - Common Stock - Currency: EUR
Taking everything into account, TESB scores 8 out of 10 in our technical rating. In the last year, TESB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: TESB has an average volume of 27529 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TESB is one of the better performing stocks in the Chemicals industry, it outperforms 89% of 60 stocks in the same industry.
A new 52 week high is currently being made by TESB, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so TESB is leading the market.
In the last month TESB has a been trading in the 21.00 - 26.45 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that TESB is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TESB has an excellent technical rating, it does not present a decent entry opportunity 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
20.89
26.57
We found 4 important support areas.
- Support @23.54 from a trend line in the daily time frame.
- A support zone ranging from 22.94 to 23.10. 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 21.89 to 21.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.31 to 26.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.01
Mansfield1.14
10 Day High26.45
10 Day Low21.8
20 Day High26.45
20 Day Low21
52 Week High26.45
52 Week Low18.56
Performance
1 Week8.01%
2 Weeks17.41%
1 Month20.37%
3 Month39.75%
6 Month2.73%
12 Month8.45%
2 Year-8.68%
3 Year-19.82%
5 Year2.73%
10 Year-1.03%
15 Year6.22%
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)76.41
LBB21.21
UBB25.84
EBR:TESB (3/27/2025, 7:00:00 PM)
26.3
+1.05 (+4.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg4.16%
1 Week8.01%
2 Weeks17.41%
1 Month20.37%
3 Month39.75%
6 Month2.73%
12 Month8.45%
2 Year-8.68%
3 Year-19.82%
5 Year2.73%
10 Year-1.03%
15 Year6.22%
Volatility
ATR(14)0.89
ATR(20)%2.9%
ATR Inc382.91%
Range Today1.95
ADR(20)0.74
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.01
Mansfield1.14
10 Day High26.45
10 Day Low21.8
20 Day High26.45
20 Day Low21
52 Week High26.45
52 Week Low18.56
CS1 End23.54
CR1 Start26.31
Volume & EV
DER(3)-0.2%
DER(5)-0.25%
Volume64.18K
Volume Incr298.62%
Vol(5)79.90K
Vol(50)27.53K