TENABLE HOLDINGS INC (TENB) Technical Analysis
NASDAQ:TENB • US88025T1025
Current stock price
TENB Technical Rating and Analysis
Taking everything into account, TENB scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TENB was also a bad performer in the overall market in the last year.
- 85% of all other stocks performed better in the past year than TENB.
- 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 15.72 - 22.34 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TENB has an average volume of 3276460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TENB is part of the Software industry. There are 272 other stocks in this industry, TENB did better than 47% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TENB Weekly and Daily overview Charts
TENB Setup Rating and Analysis
TENB has a poor technical rating and the quality of the setup is also only medium 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
TENB Support and Resistance Analysis
19.00
When analyzing the support we notice one important area.
- A support zone ranging from 19.19 to 19.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.24 to 21.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.94 from a trend line in the weekly time frame.
TENB Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for TENB is up. |
| ChartMill Relative Strength | 15.14 | NEGATIVE | TENB has a low relative strength, it was outperformed by 84.86% 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 | MIXED | The current price of TENB is above 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) | 61.39 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests TENB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.04 | OVERBOUGHT | The high Stochastics value suggests TENB may be overbought. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for TENB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for TENB suggests a possible start of a new trend. |
TENB Chart- and CandleStick Pattern Analysis
TENB Technicals: Chart, Performance Metrics, Trend & Indicators
21.23
+0.34 (+1.63%)
TENABLE HOLDINGS INC / TENB TA FAQ
Can you provide the ChartMill technical rating for TENABLE HOLDINGS INC?
ChartMill assigns a technical rating of 3 / 10 to TENB.
Can you provide the trend direction for TENABLE HOLDINGS INC?
The current trend direction for TENABLE HOLDINGS INC (TENB) is Bearish.
What is the RSI signal for TENB stock?
TENABLE HOLDINGS INC (TENB) has an RSI value of 61.3873. This indicates that the stock is currently neutral.
What is the MACD signal for TENABLE HOLDINGS INC (TENB) stock?
The MACD indicator for TENABLE HOLDINGS INC (TENB) has a value of 0.316517, indicating a bearish trend.
What is the buy/sell signal for TENB stock?
The buy/sell signal for TENABLE HOLDINGS INC (TENB) is hold as the short term and long term trends are mixed.