TSAKOS ENERGY NAVIGATION LTD (TEN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TEN - BMG9108L1735 - Common Stock
Overall TEN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEN is showing a nice and steady performance.
Although TEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.83
We found 3 important support areas.
- A support zone ranging from 22.65 to 22.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.93 from a trend line in the daily time frame.
- A support zone ranging from 21.04 to 21.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.18 to 25.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEN is neutral. |
| ChartMill Relative Strength | 86.72 | POSITIVE | TEN has a high relative strength, it outperformed 86.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.53 | NEUTRAL | The RSI value for TEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TEN has a negative trend. |
| Stochastics (14,3) | 53.51 | NEUTRAL | The Stochastics value for TEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TEN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for TEN suggests a strong trend. |
24.65
-0.37 (-1.48%)
TSAKOS ENERGY NAVIGATION LTD / TEN FAQ
What is the ChartMill technical rating of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
ChartMill assigns a technical rating of 9 / 10 to TEN.
Can you provide the trend direction for TSAKOS ENERGY NAVIGATION LTD?
The current trend direction for TSAKOS ENERGY NAVIGATION LTD (TEN) is Bullish.
What is the RSI signal for TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
TSAKOS ENERGY NAVIGATION LTD (TEN) has an RSI value of 55.533. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TSAKOS ENERGY NAVIGATION LTD?
The short term momentum for TSAKOS ENERGY NAVIGATION LTD (TEN) is neutral.
Can you provide the support and resistance levels for TSAKOS ENERGY NAVIGATION LTD?
TSAKOS ENERGY NAVIGATION LTD (TEN) has a support level at 22.71 and a resistance level at 25.18. Check the full technical report for our detailed analysis of TEN support and resistance levels.