Taking everything into account, TERN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TERN is showing a nice and steady performance.
Although TERN 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
29.55
When analyzing the support we notice one important area.
- Support @29.85 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 | UP | POSITIVE | The long term trend for TERN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TERN is up. |
| ChartMill Relative Strength | 99.77 | POSITIVE | TERN has a high relative strength, it outperformed 99.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TERN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TERN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TERN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.4 | OVERBOUGHT | The high RSI value suggests TERN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests TERN has a positive trend. |
| Stochastics (14,3) | 82.33 | OVERBOUGHT | The high Stochastics value suggests TERN may be overbought. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for TERN suggests high volalility. |
| Average Directional Index/ADX (14) | 65.93 | POSITIVE | The high ADX value value for TERN suggests a strong trend. |
44.61
+2.04 (+4.79%)
TERNS PHARMACEUTICALS INC / TERN FAQ
Can you provide the ChartMill technical rating for TERNS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 9 / 10 to TERN.
What is the trend direction for TERN stock?
The current trend direction for TERNS PHARMACEUTICALS INC (TERN) is Bullish.
What is the RSI signal for TERNS PHARMACEUTICALS INC (TERN) stock?
TERNS PHARMACEUTICALS INC (TERN) has an RSI value of 87.4014. This indicates that the stock is currently overbought.
Can you provide the short term momentum for TERNS PHARMACEUTICALS INC?
The short term momentum for TERNS PHARMACEUTICALS INC (TERN) is positive.
What is the buy/sell signal for TERNS PHARMACEUTICALS INC (TERN) stock?
The buy/sell signal for TERNS PHARMACEUTICALS INC (TERN) is buy as both the short term and long term trends are positive.