Overall TERN gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although TERN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
33.76
We found 1 important support area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for TERN is neutral. |
| ChartMill Relative Strength | 99.79 | POSITIVE | TERN has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TERN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TERN is below 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) | 42.15 | NEUTRAL | The RSI value for TERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests TERN has a negative trend. |
| Stochastics (14,3) | 28.6 | NEUTRAL | The Stochastics value for TERN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for TERN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for TERN suggests a possible start of a new trend. |
34.33
-1.64 (-4.56%)
ChartMill assigns a technical rating of 8 / 10 to TERN.
The current trend direction for TERNS PHARMACEUTICALS INC (TERN) is Bullish.
TERNS PHARMACEUTICALS INC (TERN) has an RSI value of 42.1534. This indicates that the stock is currently neutral.
The short term momentum for TERNS PHARMACEUTICALS INC (TERN) is neutral.