Free Tecan Group AG (TECN) Technical Analysis Signals

Overal Signal
Sell
Signals
Hold Hold Sell Hold
Last Update / Period
08 Oct / Daily
Category/Currency
Stocks/USD
Exchange/Country
XEBS/Switzerland

Tecan Group AG (TECN) signal with technical analysis on 08 Oct

On 08 Oct, we conducted a comprehensive technical analysis of Tecan Group AG (TECN), considering 256 signals with intricate details. Here are the key findings: 29 signals suggested buy strategies, while 143 indicated sell strategies. The remaining 84 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 1
Sell Signals: 45
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 8
Sell Signals: 34
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 11
Sell Signals: 31
Neutral Signals: 22
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 9
Sell Signals: 33
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 29
Sell Signals: 143
Neutral Signals: 84
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Tecan Group AG (TECN) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Tecan Group AG (TECN) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Tecan Group AG (TECN) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Tecan Group AG (TECN) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of INF% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Tecan Group AG (TECN)** investments.

Tecan Group AG (TECN) Price Analysis and Support Levels:

In our current Tecan Group AG (TECN) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 251
We are closely monitoring the price at 251, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Tecan Group AG (TECN). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Tecan Group AG (TECN) technical analysis chart

Tecan Group AG (TECN) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 294.2 308 314.8 353.6 362.2
Support 251 -- -- -- --
 Tecan Group AG (TECN) Support and Resistance area (08 Oct)

Tecan Group AG (TECN) signals list for 08 Oct

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Tecan Group AG (TECN) candlestick patterns on 08 Oct

Today's Tecan Group AG (TECN) Candle Patterns List:

Belt-hold Closing Marubozu Engulfing Pattern Long Line Candle Marubozu

Tecan Group AG (TECN) technical analysis over the past days

# Date Overal Signals ALL Signals
1 07 Oct Sell HoldSellSellHold
2 04 Oct Hold HoldNeutralNeutralHold
3 03 Oct Sell SellNeutralNeutralSell
4 02 Oct Sell NeutralNeutralSellNeutral
5 01 Oct Hold HoldNeutralNeutralHold
6 30 Sep Sell HoldHoldNeutralSell
7 27 Sep Buy HoldBuyNeutralNeutral
8 26 Sep Buy BuyNeutralHoldHold
9 25 Sep Hold HoldHoldHoldHold
10 24 Sep Hold HoldHoldHoldHold
11 23 Sep Hold HoldHoldHoldHold
12 20 Sep Sell SellSellSellHold
13 19 Sep Buy BuyNeutralNeutralHold
14 18 Sep Hold HoldHoldHoldHold
15 17 Sep Hold HoldHoldHoldHold
16 16 Sep Hold HoldHoldHoldHold
17 13 Sep Sell SellSellHoldHold
18 12 Sep Sell NeutralNeutralSellHold
19 11 Sep Hold NeutralHoldNeutralHold
20 10 Sep Sell SellHoldHoldHold
21 09 Sep Hold NeutralNeutralHoldHold
22 06 Sep Hold HoldHoldHoldHold
23 05 Sep Hold HoldHoldHoldNeutral
24 04 Sep Sell HoldNeutralSellHold
25 03 Sep Hold HoldNeutralNeutralHold
26 02 Sep Sell SellNeutralHoldHold
27 30 Aug Hold NeutralNeutralNeutralHold
28 29 Aug Hold NeutralNeutralNeutralHold
29 28 Aug Buy BuyNeutralHoldHold
30 27 Aug Sell NeutralNeutralHoldHold

Users forecasts for Tecan Group AG (TECN)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

Tecan Group AG (TECN) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments