TENABLE HOLDINGS INC (TENB) Stock Technical Analysis
NASDAQ:TENB - US88025T1025 - Common Stock
30.92 USD
-0.17 (-0.55%)
30.92 USD
0 (0%)
Overall TENB gets a technical rating of 1 out of 10. TENB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TENB is a bad performer in the overall market: 87% of all stocks are doing better.
TENB is one of the lesser performing stocks in the Software industry. 69% of 281 stocks in the same industry do better.
TENB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TENB has a been trading in the 28.51 - 31.50 range, which is quite wide. It is currently trading near the high of this range.
TENB has an average volume of 1613630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TENB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 31.59. Right above this resistance zone may be a good entry point.
More info and screens
30.61
44.22
We can see 4 important resistance areas.
- A resistance zone ranging from 31.59 to 32.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.08 to 34.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.12 from a trend line in the weekly time frame.
- Resistance @43.78 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for TENB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TENB is neutral. |
| ChartMill Relative Strength | 13.14 | NEGATIVE | TENB has a low relative strength, it was outperformed by 86.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TENB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TENB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TENB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests TENB has a positive trend. |
| Stochastics (14,3) | 86.06 | OVERBOUGHT | The high Stochastics value suggests TENB may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TENB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for TENB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
30.92
-0.17 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.55%
1 Week0.78%
2 Weeks3.79%
1 Month1.14%
3 Month-4.03%
6 Month-18.93%
12 Month-25.1%
2 Year-31.85%
3 Year-21.94%
5 Year-17.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.05%
ATR Inc-23.61%
Range Today0.71
ADR(20)0.9
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.14
Mansfield-2.3
10 Day High31.5
10 Day Low29.55
20 Day High31.5
20 Day Low28.51
52 Week High45.44
52 Week Low28.51
CS1 EndN/A
CR1 Start31.59
Volume & EV
DER(3)1.74%
DER(5)1.48%
Volume1.33M
Volume Incr3.14%
Vol(5)1.68M
Vol(50)1.61M