TECK RESOURCES LTD (TCK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TCK - CA8787422044
We assign a technical rating of 10 out of 10 to TCK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TCK is showing a nice and steady performance.
Although TCK has an excellent technical rating, it does not offer a high 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
20.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.13 to 24.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.69 to 21.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.69 to 25.88. 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 | UP | POSITIVE | The long term trend for TCK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCK is up. |
| ChartMill Relative Strength | 99.58 | POSITIVE | TCK has a high relative strength, it outperformed 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.26 | NEUTRAL | The RSI value for TCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TCK has a negative trend. |
| Stochastics (14,3) | 70.94 | NEUTRAL | The Stochastics value for TCK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for TCK suggests some volalility. |
25.36
+0.87 (+3.55%)
TECK RESOURCES LTD / TCK FAQ
What is the technical rating for TCK stock?
ChartMill assigns a technical rating of 10 / 10 to TCK.
What is the trend direction for TCK stock?
The current trend direction for TECK RESOURCES LTD (TCK) is Bullish.
Can you provide the RSI signal for TECK RESOURCES LTD?
TECK RESOURCES LTD (TCK) has an RSI value of 66.258. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TECK RESOURCES LTD?
The MACD indicator for TECK RESOURCES LTD (TCK) has a value of -0.0139721, indicating a bearish trend.
What are the support and resistance levels for TECK RESOURCES LTD (TCK) stock?
TECK RESOURCES LTD (TCK) has a support level at 24.49 and a resistance level at 25.69. Check the full technical report for our detailed analysis of TCK support and resistance levels.