Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Teck Resources Ltd Cl B (TSE:TECK.B)
Bear Market Rally (-75) - TECK.B is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TECK.B as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TECK.B?
MarketClub looks at technical strength and momentum to determine if the timing is right for TECK.B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TECK.B
The long-term trend has been DOWN since Oct 24th, 2023 at 50.20
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 54.42
The short-term trend has been DOWN since Dec 5th, 2023 at 50.41
Smart Scan Analysis for TECK.B
Based on our trend formula, TECK.B is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||39.08||Year High Date||2018-06-07|
|Year Low||23.9||Year Low Date||2018-10-26|
|52wk High||39.08||52wk High Date||2018-06-07|
|52wk Low||23.9||52wk Low Date||2018-10-26|