We assign a technical rating of 10 out of 10 to TENX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TENX is showing a nice and steady performance.
Although TENX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.61
We found 2 important support areas.
- Support @7.04 from a trend line in the daily time frame.
- A support zone ranging from 6.68 to 6.76. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for TENX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TENX is up. |
| ChartMill Relative Strength | 97.89 | POSITIVE | TENX has a high relative strength, it outperformed 97.89% 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) | 85.98 | OVERBOUGHT | The high RSI value suggests TENX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TENX has a positive trend. |
| Stochastics (14,3) | 80.78 | OVERBOUGHT | The high Stochastics value suggests TENX may be overbought. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for TENX suggests high volalility. |
| Average Directional Index/ADX (14) | 48.72 | POSITIVE | The high ADX value value for TENX suggests a strong trend. |
13.1
+0.28 (+2.18%)
TENAX THERAPEUTICS INC / TENX FAQ
What is the ChartMill technical rating of TENAX THERAPEUTICS INC (TENX) stock?
ChartMill assigns a technical rating of 10 / 10 to TENX.
Can you provide the trend direction for TENAX THERAPEUTICS INC?
The current trend direction for TENAX THERAPEUTICS INC (TENX) is Bullish.
What is the RSI signal for TENX stock?
TENAX THERAPEUTICS INC (TENX) has an RSI value of 85.982. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TENAX THERAPEUTICS INC?
The MACD indicator for TENAX THERAPEUTICS INC (TENX) has a value of 0.296031, indicating a bearish trend.
What is the short term momentum for TENAX THERAPEUTICS INC (TENX) stock?
The short term momentum for TENAX THERAPEUTICS INC (TENX) is positive.