Overall TERN gets a technical rating of 8 out of 10. In the last year, TERN was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TERN has a been trading in the 33.43 - 41.26 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, TERN did better than 99% of all other stocks.
- TERN is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. TERN outperforms 99% of them.
- TERN 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 TERN is lagging the market slightly.
- TERN has an average volume of 3415880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TERN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 34.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TERN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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33.76
When analyzing the support we notice one important area.
- A support zone ranging from 34.10 to 34.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @37.19 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for TERN is neutral. |
| ChartMill Relative Strength | 99.78 | POSITIVE | TERN has a high relative strength, it outperformed 99.78% 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) | 44.26 | NEUTRAL | The RSI value for TERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests TERN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.07 | OVERSOLD | The low Stochastics value suggests TERN may be oversold. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for TERN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for TERN suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.20 | 34.09 | 3.11 (8.36%) | 11.96% |
| An entry @37.20. This is a Buy Stop order right above the resistance zone. | An exit @34.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.11 points, which is 8.36%. | When investing 11.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
34.6
+0.4 (+1.17%)
TERNS PHARMACEUTICALS INC / TERN FAQ
Can you provide the ChartMill technical rating for TERNS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 8 / 10 to TERN.
What is the current trend direction of TERNS PHARMACEUTICALS INC (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 44.2606. This indicates that the stock is currently neutral.
What is the short term momentum for TERNS PHARMACEUTICALS INC (TERN) stock?
The short term momentum for TERNS PHARMACEUTICALS INC (TERN) is neutral.