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. Both in the recent history as in the last year, TERN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TERN is one of the better performing stocks in the market, outperforming 99% of all stocks.
- TERN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 98% of 193 stocks in the same industry.
- A new 52 week high is currently being made by TERN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TERN is leading the market.
- In the last month TERN has a been trading in the 38.77 - 50.00 range, which is quite wide. It is currently trading near the high of this range.
- TERN has an average volume of 2228820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
TERN Weekly and Daily overview Charts
TERN Setup Rating and Analysis
Although TERN has an excellent technical rating, it does not offer a high quality setup 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
41.33
We found 1 important support area.
- Support @41.75 from a trend line in the daily time frame.
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 | 99.81 | POSITIVE | TERN has a high relative strength, it outperformed 99.81% 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) | 69.25 | NEUTRAL | The RSI value for TERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests TERN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.6 | OVERBOUGHT | The high Stochastics value suggests TERN may be overbought. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for TERN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.63 | POSITIVE | The high ADX value value for TERN suggests a strong trend. |
TERN Chart- and CandleStick Pattern Analysis
TERN Technicals: Chart, Performance Metrics, Trend & Indicators
48.44
-0.62 (-1.26%)
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 69.2476. 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.