TESSENDERLO GROUP (TESB.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:TESB - BE0003555639 - Common Stock
Taking everything into account, TESB scores 3 out of 10 in our technical rating. Although TESB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TESB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.50, a Stop Loss order could be placed below this zone.
More info and screens
24.50
When analyzing the support we notice one important area.
- A support zone ranging from 24.75 to 25.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.15 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for TESB.BR is down. |
| ChartMill Relative Strength | 83.42 | POSITIVE | TESB.BR has a high relative strength, it outperformed 83.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TESB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TESB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TESB.BR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.07 | NEUTRAL | The RSI value for TESB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TESB.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests TESB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for TESB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for TESB.BR suggests a weak or negative trend. |
EBR:TESB (12/19/2025, 7:00:00 PM)
25.65
+0.1 (+0.39%)
TESSENDERLO GROUP / TESB.BR FAQ
Can you provide the ChartMill technical rating for TESSENDERLO GROUP?
ChartMill assigns a technical rating of 3 / 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 44.0693. 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 negative.
Can you provide the support and resistance levels for TESSENDERLO GROUP?
TESSENDERLO GROUP (TESB.BR) has a support level at 25.5 and a resistance level at 26.15. Check the full technical report for our detailed analysis of TESB.BR support and resistance levels.