TENABLE HOLDINGS INC (TENB) Stock Technical Analysis
NASDAQ:TENB - Nasdaq - US88025T1025 - Common Stock - Currency: USD
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than TENB.
TENB is one of the lesser performing stocks in the Software industry. 71% 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 32.39 - 35.69 range, which is quite wide. It is currently trading near the lows of this range.
TENB has an average volume of 1507010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
TENB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.08. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TENB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
30.14
44.22
4 important support areas can be observed.
- A support zone ranging from 32.94 to 33.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.19 from a trend line in the daily time frame.
- Support @31.32 from a horizontal line in the daily time frame.
- A support zone ranging from 30.44 to 30.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 34.08 to 34.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.47 from a horizontal line in the daily time frame.
- Resistance @38.97 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 | 14.67 | NEGATIVE | TENB has a low relative strength, it was outperformed by 85.33% 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 | 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) | 49.58 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TENB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.76 | NEUTRAL | The Stochastics value for TENB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for TENB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.53 | 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)
33.21
+0.14 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.42%
1 Week0.51%
2 Weeks1.98%
1 Month-0.18%
3 Month0.7%
6 Month-23.46%
12 Month-23.12%
2 Year-31.75%
3 Year-14.07%
5 Year-2.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.8%
ATR Inc-38.47%
Range Today0.62
ADR(20)0.88
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.67
Mansfield-1.98
10 Day High34.22
10 Day Low32.39
20 Day High35.69
20 Day Low32.39
52 Week High49.18
52 Week Low28.75
CS1 End33.14
CR1 Start34.08
Volume & EV
DER(3)3.53%
DER(5)2.09%
Volume839.70K
Volume Incr-51.31%
Vol(5)861.60K
Vol(50)1.51M