Teck Resources Experiences Bearish Market Indicators on 15min Chart

Based on the 15-minute chart of Teck Resources, a KDJ Death Cross and Bearish Marubozu were triggered on August 8, 2025, at 11:45. This suggests that the momentum of the stock price is shifting towards a downward trend and has the potential to continue decreasing. The sellers are currently in control of the market, and it is likely that the bearish momentum will persist.

On August 8, 2025, at 11:45, Teck Resources' 15-minute chart triggered a KDJ Death Cross and a Bearish Marubozu, signaling a potential downward trend in the stock price [1]. This combination of technical indicators suggests that the momentum of the stock is shifting towards a decline, with sellers currently dominating the market. The KDJ Death Cross, where the 50-day moving average crosses below the 200-day moving average, indicates a reversal in the upward trend and increasing selling pressure. The Bearish Marubozu, characterized by the stock closing at the lowest point of the day without any wick, reinforces strong selling pressure. These signals are crucial for traders and investors relying on technical analysis to make informed decisions.

The current market sentiment, as measured by the Citi's Levkovich Index, has reached 0.65, signaling a potential downturn [2]. Elevated sentiment can make markets vulnerable to disappointment, and potential triggers for a reversal include a global slowdown, trade tensions, or an AI letdown. Investors must remain vigilant, as a no-deal scenario could trigger a 30% tariff escalation, likely causing a VIX spike and sector-specific sell-offs. Tech stocks with high exposure to EU markets, such as SAP (Germany) and ASML (Netherlands), could face disproportionate headwinds.

Teck Resources reported second-quarter adjusted EBITDA of C$722 million, slightly below the consensus estimate of C$730 million, as positive zinc segment performance was offset by lower total copper sales [3]. Despite these setbacks, Teck maintains strong fundamentals with a healthy current ratio of 3.47 and impressive year-over-year revenue growth of 37%. However, the company faced operational challenges at its Quebrada Blanca mine, where development work at the Tailings Management Facility (TMF) limited online time. Sales also trailed production due to high seas and a previously disclosed shiploader outage, prompting the company to lower its full-year production guidance for QB.

Despite these challenges, Teck's management maintains that the company can achieve design rates by year-end and does not currently anticipate any impact on targets for 2026 and beyond. The company’s board has sanctioned the Highland Valley Copper Mine Life Extension project, expected to produce an average of 132,000 metric tons of copper annually from 2028 to 2046 at a cost of C$2.1 billion to C$2.4 billion, supporting Teck’s strategy to double copper production by the end of the decade.

Investors should closely monitor Teck Resources' stock price and consider diversifying their portfolios to mitigate risks. Defensive sectors like utilities and healthcare, which are less sensitive to trade policy, could provide balance. Additionally, investors might consider short-term options strategies (e.g., iron condors) to hedge against volatility.

References:
[1] https://www.ainvest.com/news/alarum-techno-15min-chart-shows-kdj-death-cross-bearish-marubozu-2508-58/
[2] https://ng.investing.com/news/analyst-ratings/teck-resources-stock-price-target-lowered-to-48-at-benchmark-on-qb-issues-93CH-2028756
[3] https://za.investing.com/news/analyst-ratings/teck-resources-stock-rating-reiterated-at-overweight-by-wells-fargo-93CH-3828949