TENABLE HOLDINGS INC (TENB) Stock Technical Analysis
NASDAQ:TENB • US88025T1025
Taking everything into account, TENB scores 0 out of 10 in our technical rating. TENB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TENB is a bad performer in the overall market: 92% of all stocks are doing better.
- TENB is one of the lesser performing stocks in the Software industry. 66% of 276 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TENB has a been trading in the 17.27 - 23.35 range, which is quite wide. It is currently trading near the lows of this range.
- TENB has an average volume of 2512320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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
19.04
5 important resistance areas can be observed.
- Resistance @21.71 from a trend line in the daily time frame.
- A resistance zone ranging from 22.32 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.11 from a horizontal line in the daily time frame.
- Resistance @24.26 from a trend line in the weekly time frame.
- Resistance @26.06 from a trend 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 | DOWN | NEGATIVE | The short term trend for TENB is down. |
| ChartMill Relative Strength | 8.54 | NEGATIVE | TENB has a low relative strength, it was outperformed by 91.46% 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) | 38.89 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests TENB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.74 | NEUTRAL | The Stochastics value for TENB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for TENB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.11 | POSITIVE | The high ADX value value for TENB suggests a strong trend. |
19.23
-0.15 (-0.77%)
TENABLE HOLDINGS INC / TENB FAQ
Can you provide the ChartMill technical rating for TENABLE HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to TENB.
What is the trend direction for TENB stock?
The current trend direction for TENABLE HOLDINGS INC (TENB) is Bearish.
Can you provide the RSI signal for TENABLE HOLDINGS INC?
TENABLE HOLDINGS INC (TENB) has an RSI value of 38.8918. This indicates that the stock is currently neutral.
What is the short term momentum for TENB stock?
The short term momentum for TENABLE HOLDINGS INC (TENB) is negative.
What is the support and resistance level for TENB stock?
TENABLE HOLDINGS INC (TENB) has a resistance level at 21.71. Check the full technical report for our detailed analysis of TENB support and resistance levels.