TERNS PHARMACEUTICALS INC (TERN) Technical Analysis
NASDAQ:TERN • US8808811074
Current stock price
TERN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to TERN. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TERN did better than 99% of all other stocks.
- TERN is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. TERN outperforms 98% of them.
- TERN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TERN is leading the market.
- In the last month TERN has a been trading in the 37.40 - 47.98 range, which is quite wide. It is currently trading near the high of this range.
- TERN has an average volume of 2127680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TERN Weekly and Daily overview Charts
TERN Setup Rating and Analysis
TERN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TERN Support and Resistance Analysis
40.47
We found 1 important support area.
- Support @40.88 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.53 to 47.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
TERN Technical Indicator Signal Analysis
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) | 65.7 | NEUTRAL | The RSI value for TERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TERN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.8 | NEUTRAL | The Stochastics value for TERN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for TERN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for TERN suggests a possible start of a new trend. |
TERN Chart- and CandleStick Pattern Analysis
TERN Technicals: Chart, Performance Metrics, Trend & Indicators
46.07
-0.45 (-0.97%)
TERNS PHARMACEUTICALS INC / TERN TA FAQ
Can you provide the ChartMill technical rating for TERNS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 10 / 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 65.6953. 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 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.