TECK NEWS why is Teck Resources Ltd price falling or rising

TECK NEWS reasons for why stock price of Teck Resources Ltd is falling or rising

TECK Teck Resources is falling or rising technical reasons

Technical analysis forecast for Teck Resources Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Teck Resources TECK at this time. Stock is falling and might fall more.

It appears as if Teck Resources TECK gave a large move recently.

Stock of Teck Resources (TECK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Teck Resources is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.6 as stoploss in an intra day buy trade for a target of 47.08. However, stock will show a bearish move below 45.6.

TECK Teck Resources is falling or rising NEWS fundamental reasons

More announcements and NEWS

TECK Teck Resources Ltd current price & indicator signals

Moving Averages for Teck Resources Ltd

  • 5Day Average: 46.74
  • 12Day Average: 46.28
  • 20Day Average: 47.04
  • 50Day Average: 48.87
  • 100Day Average: 47.83
  • 150Day Average: 48.51
  • 200Day Average: 47.5

TECK Indicators & signals

Indicator MACD (12,26,9)

46.74, 47.31, -0.62
Indicator MACD is in negative zone

Indicator ADX (14)

17.24, 17.78, 25.19
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TECK Teck Resources Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 46.30 46.10 to 46.91 0% 0.56 times
26 Tue Nov 2024 46.30 46.10 to 46.91 -1.7% 0.56 times
25 Mon Nov 2024 47.10 46.65 to 47.40 0.62% 0.88 times
22 Fri Nov 2024 46.81 46.62 to 47.21 -0.85% 0.61 times
21 Thu Nov 2024 47.21 46.68 to 47.43 1.2% 0.76 times
20 Wed Nov 2024 46.65 46.62 to 47.42 -1.02% 0.94 times
19 Tue Nov 2024 47.13 45.91 to 47.18 2.08% 0.83 times
18 Mon Nov 2024 46.17 45.08 to 46.50 2.62% 0.92 times
15 Fri Nov 2024 44.99 44.76 to 46.13 -0.86% 0.88 times
14 Thu Nov 2024 45.38 44.65 to 45.88 1.09% 1.42 times
13 Wed Nov 2024 44.89 44.79 to 46.50 -3.32% 2.18 times
12 Tue Nov 2024 46.43 45.57 to 46.87 -2.46% 1.25 times

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