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Takip Edin: @UscMarketsTECK Stock Forecast & Teck Resources Limited Chart Analysis
This article provides a detailed analysis of TECK-Teck Resources Limited stock including a forecast for TECK shares. It features Teck Resources Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
TECK Historical Data Review
TECK Current Price Performance Analysis
The Teck Resources Limited - TECK stock traded on the American stock market, on 06-05-2024, closed at 49.53$ with a %2.57 increased compared to the previous day.
In the last month, the price of TECK changed by %-0.72 decreased in value, from 49.89 dollars on 05-06-2024 to 49.53 dollars, decreased.
Last year, the price of TECK was 42.74 dollars on 06-06-2023, and changed by %15.89 increased in value, to 49.53 dollars increased within a year.
The price of Teck Resources Limited stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
TECK with AI Stock Forecast & Price Target
On the TECK chart Teck Resources Limited price was recorded as 49.53 Dollars on 06/05/2024.
The artificial intelligence's forecast on TECK stock is as follows.
The artificial intelligence's prediction error margin for TECK stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Teck Resources Limited stock over the next 4 months is: 53.9 Dollars.
The commentary on TECK stock Target Price: Highest: 59.507 Dollars is predicted.
The commentary on TECK stock Target Price: Lowest: 50.388 Dollars is predicted.
Resistance Price where Teck Resources Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 56.311 |
| 10-03-2024 | 59.507 |
| 12-02-2024 | 54.047 |
| 01-01-2025 | 54.447 |
| 01-16-2025 | 54.437 |
| 02-20-2025 | 54.488 |
Support Price where Teck Resources Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 50.929 |
| 11-07-2024 | 52.831 |
| 12-17-2024 | 53.923 |
| 01-06-2025 | 54.415 |
| 02-05-2025 | 54.187 |
| 03-27-2025 | 50.388 |
The commentary on TECK stock: Fluctuations in the target price can be expected in the coming days.
The target price for Teck Resources Limited stock by the end of 2024 is predicted to be 54.29 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TECK stock, and the 2024 target price predictions for Teck Resources Limited are detailed above.
The technical analysis and charts for the commentary on TECK stock are below.
TECK Support & Resistance and Trend Analysis
TECK stock you have reviewed the technical analysis support resistance charts regarding.
TECK : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TECK review, the Teck Resources Limited support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Teck Resources Limited Support and Resistance Prices:
| TECK Support Level Price | TECK Resistance Level Price |
|---|---|
| 34.38 | 39.22 |
| 34.56 | 39.98 |
| 36.50 | 40.90 |
| 36.52 | 41.66 |
| 36.59 | 42.64 |
| 37.30 | 43.00 |
| 43.02 | 46.14 |
| 44.53 | 46.23 |
| 47.39 | 50.93 |
| 47.86 | 53.03 |
| 49.96 | 53.06 |
| 55.13 |
TECK Technical Analysis: SMA, RSI, MACD
Upon reviewing the TECK chart, buy and sell signals have been generated in the Teck Resources Limited technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for TECK stock are as follows:- The technical analysis for TECK indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Teck Resources Limited indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Teck Resources Limited stock: Click here to read more predictions on TDK Corporation stock.
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