USA - NYSE:TEX - US8807791038 - Common Stock
We assign a technical rating of 6 out of 10 to TEX. In the last year, TEX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, TEX does present a nice setup opportunity. 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 50.92, a Stop Loss order could be placed below this zone.
47.85
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for TEX is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEX is neutral. |
ChartMill Relative Strength | 49.24 | NEUTRAL | TEX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TEX is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TEX is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.17 | NEUTRAL | The RSI value for TEX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TEX has a negative trend. |
Stochastics (14,3) | 60.28 | NEUTRAL | The Stochastics value for TEX is a neutral value. |
Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for TEX suggests some volalility. |
Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for TEX 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 |
---|---|---|---|
53.54 | 50.94 | 2.60 (4.86%) | 20.59% |
An entry @53.54. This is a Buy Stop order right above the resistance zone. | An exit @50.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.60 points, which is 4.86%. | When investing 20.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
NYSE:TEX (9/23/2025, 11:43:13 AM)
53.235
+1.26 (+2.41%)