Telenav Inc (TNAV) Technical Analysis
NASDAQ:TNAV
Current stock price
TNAV Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to TNAV. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TNAV is a bad performer.
- When comparing the yearly performance of all stocks, TNAV is a bad performer in the overall market: 95% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- TNAV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNAV is lagging the market.
- In the last month TNAV has a been trading in a tight range between 4.74 and 4.81.
- Volume is considerably higher in the last couple of days.
TNAV Weekly and Daily overview Charts
TNAV Setup Rating and Analysis
TNAV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TNAV 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.
More info and screens
TNAV Support and Resistance Analysis
4.61
When analyzing the support we notice one important area.
- A support zone ranging from 4.66 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.80 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.96 from a trend line in the weekly time frame.
TNAV 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 TNAV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNAV is up. |
| ChartMill Relative Strength | 5.88 | NEGATIVE | TNAV has a low relative strength, it was outperformed by 94.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNAV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TNAV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.96 | NEUTRAL | The RSI value for TNAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TNAV has a negative trend. |
| Stochastics (14,3) | 75.56 | NEUTRAL | The Stochastics value for TNAV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for TNAV suggests low volalility. |
TNAV Chart- and CandleStick Pattern Analysis
TNAV Technicals: Chart, Performance Metrics, Trend & Indicators
4.79
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Telenav Inc / TNAV TA FAQ
What is the technical rating for TNAV stock?
ChartMill assigns a technical rating of 5 / 10 to TNAV.
What is the current trend direction of Telenav Inc (TNAV) stock?
The current trend direction for Telenav Inc (TNAV) is Bullish.
What is the RSI signal for TNAV stock?
Telenav Inc (TNAV) has an RSI value of 62.9608. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Telenav Inc?
The buy/sell signal for Telenav Inc (TNAV) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TNAV stock?
Telenav Inc (TNAV) has a support level at 4.78 and a resistance level at 4.8. Check the full technical report for our detailed analysis of TNAV support and resistance levels.