
Technical analysis of Teck Resources Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Teck Resources Limited is a Canadian company founded in 1913 that operates in the basic materials sector. The company engages in research, exploration, development, processing, smelting and refining of mineral properties, primarily copper and zinc, selling concentrates and refined metals as well as derived products such as lead, silver and other metals. Its operations extend across Asia, the Americas and Europe.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
66.34 $
−2.60%
50 sessions
66.83 $
−3.30%
200 sessions
59.78 $
+8.10%
s2
62.28
Support
s1
64.01
Support
pivot
64.97
Pivot
r1
66.70
Resistance
r2
67.66
Resistance
In the October 16, 2026 session Teck Resources Limited closed lower at 64.62 $, −1.70% versus the previous session.
The price sits mixed against its moving averages: −2.60% against the 21-session average, −3.30% against the 50 and +8.10% against the 200.
The 14-period RSI reads 44.9, in neutral territory.
MACD stands at -0.196 against a signal line at -0.010: the histogram is negative (−0.186).
ADX reads 10.3, indicating weak directionality.
Levels computed on the latest session place supports at 64.01 and 62.28 $ and resistances at 66.70 and 67.66 $, around a pivot of 64.97.
The average daily range (ATR) is 2.231 $, or 3.45% of price.
Turnover was 2M shares, 79% of the 20-session average.
Over the last twelve months the price ranged between 53.57 and 72.46 $, and today stands −10.82% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Teck Resources Limited analysed technically?
Technical analysis of Teck Resources Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Teck Resources Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Teck Resources Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Teck Resources Limited it helps frame the technical structure of the historical chart and is not a forecast.
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