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TEX — Oversold Bullish Reversal

Status: Watch

Scanner score: 20.0/100

Why this was flagged

TEX was identified as a bullish technical setup based on the Oversold Bullish Reversal pattern. The scanner found a score of 20.0/100 using trend alignment, momentum, price action, volume, and risk-management rules.

Trade framework

Current price$60.81
Entry zone$60.81 – $61.41
Stop-loss / invalidation$58.50
Target 1$65.43
Target 2$67.74
Reward/risk2.00:1
Suggested holding windowAbout 2–8 trading days; reversal setups should work relatively quickly.
FoundSep 11, 2026 8:49 pm
Potential expirationSep 21, 2026 8:49 pm
Entry plan: Consider a limit order only within the displayed entry zone. If price does not enter that range, skip the trade rather than chasing it.

Position-sizing example

Reference entry$61.11
Planned risk per share$2.61
Example: $100 planned risk38 shares
Example: $250 planned risk95 shares

These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.

Exit plan

  1. Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
  2. Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
  3. Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
  4. Time exit: Reassess or close a trade that fails to progress within the suggested holding window.

Technical chart

Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.

$53.85$59.42$64.99$70.55$76.12Target 2 $67.74Target 1 $65.43Entry high $61.41Entry low $60.81Stop $58.50May 5, 2026Sep 11, 2026
CloseSMA 20EMA 20SMA 50SMA 200Entry zoneStop-lossTargets

$1,000 educational outcome examples

Example reference entry$61.11
Example fractional shares16.36
If Target 1 is reached$1,070.72 value (+7.1%)
If Target 2 is reached$1,108.54 value (+10.9%)
If the stop-loss is reached$957.26 value (-4.3%)

These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.

Easy explanation for new investors

Why the scanner noticed this stock
The computer looked at Terex Corp, which is a company with the short name TEX. It noticed something called an "Oversold Bullish Reversal." This means the stock price went down a lot recently. The scanner uses a number called RSI to measure speed. Right now, the RSI is 32.47. This is low, which suggests the stock might have fallen too fast and could bounce back up. The scanner gave this idea a score of 20 out of 100. This is a low score, so it is just a watch item, not a strong recommendation. The setup was found in September 2026 and stops being valid after September 21.

What the price plan means
The scanner suggests a specific plan if you watch this stock. The entry zone is between $60.81 and $61.41. This is where traders might start watching closely. The plan has two goals. The first goal, or target, is a price of $65.43. The second goal is higher, at $67.74. To protect money, the plan includes a stop-loss price of $58.49. If the price drops below this number, the idea is considered wrong. The risk-reward ratio is 2. This means for every dollar you risk losing, the potential gain is two dollars. This helps balance the chance of losing money against the chance of making money.

What could make the idea fail
Even if the pattern looks good, things can go wrong. The main risk is if the stock price falls below $58.49. If that happens, the bullish reversal idea is broken. Also, the scanner noted that the volume was low. The relative volume was 0.81. This means fewer people traded this stock than usual. Low volume can mean the move up might not have strong support. If few people are buying, the price might not go up as planned.

Important reminder
This is just an educational explanation of what the computer found. It is not financial advice. Stock prices change every day. Past performance does not promise future results. You must do your own homework and talk to a professional before making any decisions with your money. Always manage your risk carefully.

Recent news context

This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.

Overall context: Neutral (Low confidence)

Terex Corp (TEX) recently reported a minor internal transaction involving its CFO, Jennifer Kong-Picarello. She increased her share count to 87,838 shares following a standard equity award of 21 shares valued at $61.15 each, granted in early September 2026. The technical analysis indicates an oversold bullish reversal setup with a current price of $60.81. However, the provided news coverage is extremely limited, consisting solely of a routine executive stock award with no new operational, financial, or strategic developments disclosed. There are no material adverse facts in the supply, but the scarcity of comprehensive news prevents a strong directional assessment beyond noting the minor insider activity and technical signals.

Potentially supportive context

  • CFO Jennifer Kong-Picarello increased her share ownership to 87,838 following a 21-share award.
  • The technical setup suggests an 'Oversold Bullish Reversal' at a current price of $60.81.

Risks and caution items

  • News coverage is very limited, providing only one minor executive transaction.
  • The technical setup is based on an oversold condition, which may face resistance if broader trends weaken.
  • No fundamental or operational news is available to evaluate long-term business health.

Latest reviewed article: Sep 10, 2026 11:28 am

Recent related articles

Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.

Scanner confirmations

  • RSI is near oversold territory with bullish candle confirmation.
Important: This is an automated educational screening result, not a buy recommendation. Confirm price, liquidity, earnings dates, news, and your own risk before entering any trade.
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