Europe - Euronext Brussels - EBR:TEXF - BE0974263924 - Common Stock
We assign a technical rating of 5 out of 10 to TEXF. TEXF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, TEXF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.50, a Stop Loss order could be placed below this zone.
30.89
When analyzing the support we can see 3 important areas.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for TEXF.BR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEXF.BR is neutral. |
| ChartMill Relative Strength | 41.55 | NEUTRAL | TEXF.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEXF.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEXF.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEXF.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.42 | NEUTRAL | The RSI value for TEXF.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TEXF.BR has a positive trend. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for TEXF.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for TEXF.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for TEXF.BR suggests a weak or negative trend. |
EBR:TEXF (11/25/2025, 11:22:46 AM)
35.2
+0.6 (+1.73%)
ChartMill assigns a technical rating of 3 / 10 to TEXF.BR.
The current trend direction for TEXAF (TEXF.BR) is Bearish.
TEXAF (TEXF.BR) has an RSI value of 55.415. This indicates that the stock is currently neutral.
The short term momentum for TEXAF (TEXF.BR) is neutral.