TENABLE HOLDINGS INC (TENB) Technical Analysis
NASDAQ:TENB • US88025T1025
Current stock price
TENB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TENB. In the past year, TENB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, TENB is a bad performer in the overall market: 87% of all stocks are doing 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 15.72 - 20.95 range, which is quite wide. It is currently trading near the high of this range.
- TENB has an average volume of 3048900 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 48% of them.
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
19.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.33 to 20.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.36 to 19.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 20.48 to 20.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.18 to 21.24. 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 | 13.65 | NEGATIVE | TENB has a low relative strength, it was outperformed by 86.35% 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) | 59.19 | NEUTRAL | The RSI value for TENB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TENB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.71 | OVERBOUGHT | The high Stochastics value suggests TENB may be overbought. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for TENB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for TENB suggests a weak or negative trend. |
TENB Chart- and CandleStick Pattern Analysis
TENB Technicals: Chart, Performance Metrics, Trend & Indicators
20.47
+0.45 (+2.25%)
TENABLE HOLDINGS INC / TENB TA FAQ
Can you provide the ChartMill technical rating for TENABLE HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 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 59.1946. 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 0.359646, 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.