TENAX THERAPEUTICS INC (TENX) Stock Technical Analysis
NASDAQ:TENX - Nasdaq - US88032L6056 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TENX. Although TENX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: TENX has an average volume of 16012 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, TENX did better than 94% of all other stocks. On top of that, TENX also shows a nice and consistent pattern of rising prices.
TENX is part of the Biotechnology industry. There are 557 other stocks in this industry. TENX outperforms 92% of them.
In the last month TENX has a been trading in the 5.34 - 6.50 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TENX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TENX is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, TENX does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.26
6.22
We found 2 important support areas.
- Support @5.65 from a trend line in the daily time frame.
- A support zone ranging from 5.31 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.82 to 5.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.05 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.22 | POSITIVE | TENX has a high relative strength, it outperformed 94.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TENX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TENX is above a declining 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) | 48.21 | NEUTRAL | The RSI value for TENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TENX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.89 | OVERSOLD | The low Stochastics value suggests TENX may be oversold. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for TENX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.79 | NEGATIVE | The low ADX value for TENX 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)
NASDAQ:TENX (6/20/2025, 8:00:00 PM)
5.79
+0.12 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.12%
1 Week-1.03%
2 Weeks-1.53%
1 Month-4.61%
3 Month-11.87%
6 Month3.21%
12 Month109.03%
2 Year-75.87%
3 Year-98.79%
5 Year-99.6%
10 Year-99.9%
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.05%
ATR Inc146.62%
Range Today1.16
ADR(20)0.35
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.22
Mansfield0.91
10 Day High6.5
10 Day Low5.34
20 Day High6.5
20 Day Low5.34
52 Week High7.89
52 Week Low2.77
CS1 End5.65
CR1 Start5.82
Volume & EV
DER(3)-22.39%
DER(5)-18.55%
Volume174.20K
Volume Incr252.75%
Vol(5)47.18K
Vol(50)16.01K