Bullish signal on Teck Resources (TECK), as it hits lower rail of upwardly sloped trend channel
Canadian mining company Teck Resources (NYSE: TECK) struggled throughout 2018, but the stock is showing signs of life in 2019. Since late November the stock has seen a series of higher lows that have formed a trend line. That trend line is actually the lower rail of an upwardly sloped trend channel and the stock hit it in the last few days.
You can see that the daily stochastic readings are in oversold territory and just made a bullish crossover. The indicators did the same thing back in November when the first low was hit to start forming the trend channel.
The Tickeron AI Trend Prediction tool generated a bullish signal on Teck Resources on February 14. That signal came with a confidence level of 75% that the stock would see a gain of at least 4% over the next month. Previous signals of this nature have been successful 77% of the time.
The fundamentals for Teck Resources are quite muddled. The company has seen earnings grow at an annual rate of 227% for the last three years, but they declined by 26% in the most recent quarter and are expected to decline by 30% in the current year.
Sales have grown by 21% per year over the last three years, but were only up 3% in the most recent quarterly report.
TECK in +2.45% Uptrend, rising for three consecutive days on October 16, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where TECK advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 16, 2025. You may want to consider a long position or call options on TECK as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 263 cases where TECK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for TECK moved out of overbought territory on October 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Moving Average Convergence Divergence Histogram (MACD) for TECK turned negative on October 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TECK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TECK broke above its upper Bollinger Band on September 29, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TECK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.219) is normal, around the industry mean (23.796). P/E Ratio (135.322) is within average values for comparable stocks, (92.633). Projected Growth (PEG Ratio) (0.857) is also within normal values, averaging (8.082). TECK has a moderately low Dividend Yield (0.008) as compared to the industry average of (0.033). P/S Ratio (3.109) is also within normal values, averaging (347.848).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a company that engages in mining and mineral development of copper, coal & zinc
Industry OtherMetalsMinerals
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