TENABLE HOLDINGS INC (TENB) Technical Analysis
NASDAQ:TENB • US88025T1025
Current stock price
TENB Technical Rating and Analysis
Overall TENB gets a technical rating of 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than TENB.
- TENB is one of the lesser performing stocks in the Software industry. 68% of 275 stocks in the same industry do better.
- TENB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TENB is lagging the market.
- TENB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- TENB has an average volume of 3071620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TENB Weekly and Daily overview Charts
TENB Setup Rating and Analysis
The technical rating of TENB is bad and it also does not present a quality setup 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
17.40
4 important resistance areas can be observed.
- A resistance zone ranging from 19.27 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.33 from a trend line in the daily time frame.
- Resistance @22.58 from a trend line in the weekly time frame.
- Resistance @24.88 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 | DOWN | NEGATIVE | The short term trend for TENB is down. |
| ChartMill Relative Strength | 8.84 | NEGATIVE | TENB has a low relative strength, it was outperformed by 91.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TENB is below a declining 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) | 37.28 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests TENB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.87 | NEUTRAL | The Stochastics value for TENB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for TENB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for TENB suggests a strong trend. |
TENB Chart- and CandleStick Pattern Analysis
TENB Technicals: Chart, Performance Metrics, Trend & Indicators
17.58
+0.53 (+3.11%)
TENABLE HOLDINGS INC / TENB TA FAQ
Can you provide the ChartMill technical rating for TENABLE HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 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 37.281. 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 -0.212949, indicating a bearish trend.
What is the buy/sell signal for TENB stock?
The buy/sell signal for TENABLE HOLDINGS INC (TENB) is sell as both the short term and long term trends are negative.