Teck Resources (Germany) Technical Analysis

TEKB Stock  EUR 44.32  0.80  1.84%   
As of the 1st of December, Teck Resources has the Semi Deviation of 2.4, risk adjusted performance of 0.0392, and Coefficient Of Variation of 2362.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teck Resources, as well as the relationship between them. Please validate Teck Resources downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Teck Resources is priced more or less accurately, providing market reflects its prevalent price of 44.32 per share.

Teck Resources Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Teck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Teck
  
Teck Resources' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Teck Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Teck Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Teck Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Teck Resources Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Teck Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Teck Resources Trend Analysis

Use this graph to draw trend lines for Teck Resources Ltd. You can use it to identify possible trend reversals for Teck Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Teck Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Teck Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Teck Resources Ltd applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Teck Resources Ltd will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.51, which is the sum of squared deviations for the predicted Teck Resources price change compared to its average price change.

About Teck Resources Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Teck Resources Ltd on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Teck Resources Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Teck Resources price pattern first instead of the macroeconomic environment surrounding Teck Resources. By analyzing Teck Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Teck Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Teck Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.

Teck Resources December 1, 2024 Technical Indicators

Most technical analysis of Teck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Teck from various momentum indicators to cycle indicators. When you analyze Teck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Teck Stock analysis

When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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