TESSENDERLO
11,756.51
EUR
(-0.58%)
03/21/2025 - 16:35
Closed 15 min delayed data - Euronext Bruxelles
| Open: | 11,764.28 |
| Change: | -68.11 |
| Volume: | 1,405,098 |
| Low: | 11,707.20 |
| High: | 11,795.27 |
| High / Low range: | 88.07 |
| Type: | Stocks |
| Ticker: | TESB |
| ISIN: | BE0003555639 |
TESSENDERLO - 1H - Technical analysis published on 11/21/2022 (GMT)
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- 0
- 11/21/2022 - 08:03
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- Timeframe : 1H
- - Analysis generated on 11/21/2022 - 08:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 31.40 EUR
My targets
32.03 EUR (+1.20%)
32.64 EUR (+3.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TESSENDERLO as long as the price remains well above 31.40 EUR. The buyers' bullish objective is set at 32.03 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 32.64 EUR. If there is any crossing, the next objective would be the resistance located at 33.49 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TESSENDERLO price is 31.65 EUR. On the day, this instrument gained +4.80% and was traded between 30.45 EUR and 31.70 EUR over the period. The price is currently at +3.94% from its lowest and -0.16% from its highest.30.45
31.70
31.65
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of TESSENDERLO indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.31 | 30.80 | 31.40 | 31.65 | 32.03 | 32.64 | 33.49 |
| Change (%) | -4.23% | -2.69% | -0.79% | - | +1.20% | +3.13% | +5.81% |
| Change | -1.34 | -0.85 | -0.25 | - | +0.38 | +0.99 | +1.84 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.58 | 30.02 | 30.83 | 31.27 | 32.08 | 32.52 | 33.33 |
| Camarilla | 31.31 | 31.42 | 31.54 | 31.65 | 31.77 | 31.88 | 31.99 |
| Woodie | 29.78 | 30.11 | 31.03 | 31.36 | 32.28 | 32.61 | 33.53 |
| Fibonacci | 30.02 | 30.49 | 30.79 | 31.27 | 31.74 | 32.04 | 32.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.40 | 29.90 | 30.40 | 30.90 | 31.40 | 31.90 | 32.40 |
| Camarilla | 30.63 | 30.72 | 30.81 | 30.90 | 30.99 | 31.08 | 31.18 |
| Woodie | 29.40 | 29.90 | 30.40 | 30.90 | 31.40 | 31.90 | 32.40 |
| Fibonacci | 29.90 | 30.28 | 30.52 | 30.90 | 31.28 | 31.52 | 31.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.43 | 28.42 | 29.53 | 30.52 | 31.63 | 32.62 | 33.73 |
| Camarilla | 30.07 | 30.27 | 30.46 | 30.65 | 30.84 | 31.04 | 31.23 |
| Woodie | 27.50 | 28.45 | 29.60 | 30.55 | 31.70 | 32.65 | 33.80 |
| Fibonacci | 28.42 | 29.22 | 29.71 | 30.52 | 31.32 | 31.81 | 32.62 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 75.90 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | 29.15 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 31.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.76 | |
| Elder Ray (13): | 0.48 | |
| Super Trend (3,10): | 30.99 | |
| Zig ZAG (10): | 31.65 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 96.81 | |
| TEMA (21): | 31.56 | |
| Williams %R (14): | -3.13 | |
| Chande Momentum Oscillator (20): | 1.45 | |
| Repulse (5,40,3): | 1.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 7.52 |
| MA7: | 30.81 | |
| MA20: | 30.75 | |
| MA50: | 30.79 | |
| MA100: | 30.74 | |
| MAexp7: | 31.41 | |
| MAexp20: | 30.99 | |
| MAexp50: | 30.82 | |
| MAexp100: | 30.75 | |
| Price / MA7: | +2.73% | |
| Price / MA20: | +2.93% | |
| Price / MA50: | +2.79% | |
| Price / MA100: | +2.96% | |
| Price / MAexp7: | +0.76% | |
| Price / MAexp20: | +2.13% | |
| Price / MAexp50: | +2.69% | |
| Price / MAexp100: | +2.93% |
Quotes :
11/18/2022 - 16:34
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on TESSENDERLO at the time of the generation of this analysis was as follows:
-
02/26/2017 - 06:29
Tessenderlo Chemie
-
02/07/2017 - 04:37
Tessenderlo Chemie
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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