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(TECK) Teck Resources complete technical analysis [charts+indicators] | Buy/Sell Teck Resources | (TECK) share price targets

Complete technical analysis of Teck Resources (TECK) by charts plus indicators, forecast predictions and share price targets for Teck Resources (TECK)

Teck Resources trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Teck Resources is 2609279

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	48.48	49.51	49.67	48.30	0.855 times
19 Mon Aug 2024	49.35	49.20	49.58	48.95	0.753 times
16 Fri Aug 2024	48.75	48.74	49.15	48.22	1.126 times
15 Thu Aug 2024	49.01	47.73	49.20	47.69	1.426 times
14 Wed Aug 2024	46.82	46.67	46.92	46.11	0.836 times
13 Tue Aug 2024	46.63	46.34	46.95	45.68	0.707 times
12 Mon Aug 2024	46.42	45.51	46.57	45.51	1.068 times
09 Fri Aug 2024	45.41	45.00	45.71	44.92	0.82 times
08 Thu Aug 2024	44.91	44.35	45.16	44.00	0.891 times
07 Wed Aug 2024	43.57	46.01	46.30	43.34	1.478 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.3, but if it comes below 48.3, then a intra day sell could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 46.67 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 50.3 as target.

Share price targets for Teck Resources (TECK)

Target Type	Value
Downside Target	41.59
Downside Target	44.23
Downside Target	45.51
Downside Target	47.86
Upside Target	49.20
Upside Target	49.65
Upside Target	49.67
Upside Target	51.65
Upside Target	52.57
Upside Target	52.76
Upside Target	55.13

Intraday share price targets for Teck Resources (TECK)

Target Type	Value
Downside Intraday Target	47.96
Downside Intraday Target	47.45
Upside Intraday Target	49.33
Upside Intraday Target	50.19
Upside Intraday Target	48.82

Weekly technical analysis of Teck Resources (TECK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	48.48	49.20	49.67	48.30	0.312 times
16 Fri Aug 2024	48.75	45.51	49.20	45.51	0.908 times
09 Fri Aug 2024	45.41	41.90	46.30	41.59	0.873 times
02 Fri Aug 2024	45.14	47.16	49.65	44.35	0.702 times
26 Fri Jul 2024	47.45	46.75	48.48	44.23	1.465 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Teck Resources (TECK)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	48.48	48.96	49.67	41.59	0.491 times
31 Wed Jul 2024	49.01	49.01	52.76	44.23	1.571 times
28 Fri Jun 2024	47.90	52.21	52.57	46.15	0.818 times
31 Fri May 2024	52.05	49.13	55.13	47.86	0.59 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Teck Resources (TECK)

Price action analysis of Teck Resources ( (TECK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Teck Resources ( (TECK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Teck Resources ( (TECK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Teck Resources stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Teck Resources in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Teck Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Teck Resources in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Teck Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.86 and Teck Resources (TECK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Teck Resources (TECK) stock. Volume based technical analysis of Teck Resources (TECK) stock is negative.

Teck Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.