TENON MEDICAL INC (TNON) Stock Technical Analysis
USA - NASDAQ:TNON - US88066N3035 - Common Stock
Overall TNON gets a technical rating of 0 out of 10. TNON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TNON has a bad 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 support zone below the current price at 1.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TNON 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
1.09
We found 1 important support area.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.17 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.24 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for TNON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TNON is down. |
| ChartMill Relative Strength | 7.62 | NEGATIVE | TNON has a low relative strength, it was outperformed by 92.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TNON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TNON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.54 | NEUTRAL | The RSI value for TNON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TNON has a negative trend. |
| Stochastics (14,3) | 10.44 | OVERSOLD | The low Stochastics value suggests TNON may be oversold. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for TNON suggests high volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for TNON suggests a possible start of a new trend. |
NASDAQ:TNON (11/19/2025, 2:54:34 PM)
1.11
-0.02 (-1.77%)
TENON MEDICAL INC / TNON FAQ
What is the technical rating for TNON stock?
ChartMill assigns a technical rating of 0 / 10 to TNON.
What is the current trend direction of TENON MEDICAL INC (TNON) stock?
The current trend direction for TENON MEDICAL INC (TNON) is Bearish.
Can you provide the RSI signal for TENON MEDICAL INC?
TENON MEDICAL INC (TNON) has an RSI value of 40.5358. This indicates that the stock is currently neutral.
What is the buy/sell signal for TENON MEDICAL INC (TNON) stock?
The buy/sell signal for TENON MEDICAL INC (TNON) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TNON stock?
TENON MEDICAL INC (TNON) has a support level at 1.11 and a resistance level at 1.18. Check the full technical report for our detailed analysis of TNON support and resistance levels.