TENON MEDICAL INC (TNON) Stock Technical Analysis
NASDAQ:TNON - Nasdaq - US88066N3035 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TNON is a bad performer in the overall market: 95% of all stocks are doing better.
TNON is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 77% of 188 stocks in the same industry do better.
TNON is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TNON is lagging the market.
In the last month TNON has a been trading in the 0.92 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of TNON is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.86
0.87
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 | 5.16 | NEGATIVE | TNON has a low relative strength, it was outperformed by 94.84% 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) | 32.79 | 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) | 13.34 | OVERSOLD | The low Stochastics value suggests TNON may be oversold. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for TNON suggests some volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for TNON suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:TNON (6/13/2025, 10:39:33 AM)
0.865
-0.07 (-7.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-7.98%
1 Week-7.84%
2 Weeks-14.55%
1 Month-15.32%
3 Month-4.64%
6 Month-52.04%
12 Month-81.05%
2 Year-95.73%
3 Year-99.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.9%
ATR Inc18%
Range Today0.07
ADR(20)0.05
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.16
Mansfield-6.84
10 Day High1.11
10 Day Low0.92
20 Day High1.19
20 Day Low0.92
52 Week High15.79
52 Week Low0.91
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-10.33%
DER(5)-6.33%
Volume156.92K
Volume Incr-33.81%
Vol(5)183.96K
Vol(50)394.03K