TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
Europe - EBR:TESB - BE0003555639 - Common Stock
We assign a technical rating of 5 out of 10 to TESB. In the last year, TESB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TESB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.35, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
24.95
2 important support areas can be observed.
- A support zone ranging from 25.98 to 26.24. 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.
We can see 3 important resistance areas.
- Strong resistance @26.30 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 | 47.84 | 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) | 49.45 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TESB.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.42 | NEUTRAL | The Stochastics value for TESB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for TESB.BR suggests a weak or negative trend. |
EBR:TESB (11/11/2025, 7:00:00 PM)
26.3
+0.35 (+1.35%)
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.
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 49.4492. 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 neutral.
Can you provide the support and resistance levels for TESSENDERLO GROUP?
TESSENDERLO GROUP (TESB.BR) has a support level at 25.35 and a resistance level at 26.1. Check the full technical report for our detailed analysis of TESB.BR support and resistance levels.