TENABLE HOLDINGS INC (TENB) Technical Analysis
NASDAQ:TENB • US88025T1025
Current stock price
TENB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TENB. 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: 90% of all stocks are doing better.
- TENB is part of the Software industry. There are 277 other stocks in this industry, of which 62% are performing better than TENB.
- TENB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TENB is lagging the market.
- In the last month TENB has a been trading in the 17.27 - 23.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TENB has an average volume of 2639780 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
TENB has a bad technical rating, but it does show a decent setup pattern. 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 20.34. 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
TENB Support and Resistance Analysis
20.09
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 20.34 to 20.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.94 to 22.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.55 to 22.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.59 from a trend line in the weekly time frame.
- Resistance @25.59 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 | 10.28 | NEGATIVE | TENB has a low relative strength, it was outperformed by 89.72% 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) | 45.65 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests TENB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.07 | NEUTRAL | The Stochastics value for TENB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for TENB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.23 | 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
20.29
0 (0%)
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.
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 45.648. 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 20.34. Check the full technical report for our detailed analysis of TENB support and resistance levels.