TEREX CORP (TEX) Stock Technical Analysis
USA - NYSE:TEX - US8807791038 - Common Stock
We assign a technical rating of 0 out of 10 to TEX. TEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TEX is bad and it also does not present a quality setup 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.
More info and screens
43.62
We found 2 important support areas.
- Support @45.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 44.06 to 44.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 45.76 to 45.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 55.91 to 56.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for TEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEX is down. |
| ChartMill Relative Strength | 22.12 | NEGATIVE | TEX has a low relative strength, it was outperformed by 77.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.23 | NEUTRAL | The RSI value for TEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests TEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests TEX may be oversold. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for TEX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.38 | POSITIVE | The high ADX value value for TEX suggests a strong trend. |
45.75
+0.09 (+0.2%)
TEREX CORP / TEX FAQ
What is the ChartMill technical rating of TEREX CORP (TEX) stock?
ChartMill assigns a technical rating of 0 / 10 to TEX.
Can you provide the trend direction for TEREX CORP?
The current trend direction for TEREX CORP (TEX) is Bearish.
What is the RSI signal for TEREX CORP (TEX) stock?
TEREX CORP (TEX) has an RSI value of 37.2347. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TEREX CORP?
The buy/sell signal for TEREX CORP (TEX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for TEREX CORP?
TEREX CORP (TEX) has a support level at 45.74 and a resistance level at 45.76. Check the full technical report for our detailed analysis of TEX support and resistance levels.