TENAX THERAPEUTICS INC (TENX) Technical Analysis
NASDAQ:TENX • US88032L6056
Overall TENX gets a technical rating of 8 out of 10. In the last year, TENX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- When comparing the yearly performance of all stocks, we notice that TENX is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by TENX over the past year are nicely spread over this period.
- TENX is one of the better performing stocks in the Biotechnology industry, it outperforms 85% of 519 stocks in the same industry.
- TENX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TENX is lagging the market slightly.
- In the last month TENX has a been trading in the 10.37 - 14.60 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TENX has an excellent technical rating, it does not present a decent entry opportunity 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
7.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.50 to 14.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.79 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for TENX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TENX is neutral. |
| ChartMill Relative Strength | 95.56 | POSITIVE | TENX has a high relative strength, it outperformed 95.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TENX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TENX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TENX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.77 | NEUTRAL | The RSI value for TENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TENX has a positive trend. |
| Stochastics (14,3) | 41.24 | NEUTRAL | The Stochastics value for TENX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for TENX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for TENX suggests a weak or negative trend. |
TENX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:TENX (3/11/2026, 4:30:01 PM)
14.62
+0.11 (+0.76%)
TENAX THERAPEUTICS INC / TENX FAQ
What is the ChartMill technical rating of TENAX THERAPEUTICS INC (TENX) stock?
ChartMill assigns a technical rating of 8 / 10 to TENX.
What is the current trend direction of TENAX THERAPEUTICS INC (TENX) stock?
The current trend direction for TENAX THERAPEUTICS INC (TENX) is Bearish.
What is the RSI signal for TENX stock?
TENAX THERAPEUTICS INC (TENX) has an RSI value of 62.7674. This indicates that the stock is currently neutral.
What is the MACD signal for TENX stock?
The MACD indicator for TENAX THERAPEUTICS INC (TENX) has a value of 0.125598, indicating a bearish trend.