TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:TESB - BE0003555639 - Common Stock
Overall TESB gets a technical rating of 7 out of 10. TESB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
TESB has an excellent technical rating, but the quality of the setup is only medium 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.
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24.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.85 to 26.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.20 to 25.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The short term trend for TESB.BR is up. |
| ChartMill Relative Strength | 81.33 | POSITIVE | TESB.BR has a high relative strength, it outperformed 81.33% 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) | 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) | 66.47 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests TESB.BR has a positive trend. |
| Stochastics (14,3) | 92.68 | OVERBOUGHT | The high Stochastics value suggests TESB.BR may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for TESB.BR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.71 | 25.39 | 2.32 (8.37%) | 11.94% |
| An entry @27.71. This is a Buy Stop order right above the resistance zone. | An exit @25.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.32 points, which is 8.37%. | For a 1.00% total portfolio risk, you can invest 11.94% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:TESB (11/28/2025, 7:00:00 PM)
27.5
+0.2 (+0.73%)
TESSENDERLO GROUP / TESB.BR FAQ
Can you provide the ChartMill technical rating for TESSENDERLO GROUP?
ChartMill assigns a technical rating of 7 / 10 to TESB.BR.
What is the current trend direction of TESSENDERLO GROUP (TESB.BR) stock?
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 66.4664. This indicates that the stock is currently neutral.
What is the short term momentum for TESB stock?
The short term momentum for TESSENDERLO GROUP (TESB.BR) is positive.
Can you provide the support and resistance levels for TESSENDERLO GROUP?
TESSENDERLO GROUP (TESB.BR) has a support level at 26.43 and a resistance level at 27.65. Check the full technical report for our detailed analysis of TESB.BR support and resistance levels.