TENON MEDICAL INC (TNON) Technical Analysis
NASDAQ:TNON • US88066N3035
Current stock price
TNON Technical Rating and Analysis
Overall TNON gets a technical rating of 1 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, TNON is a bad performer in the overall market: 84% of all stocks are doing better.
- TNON is currently trading near the lower end of its 52 week range, which is not a good sign. 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 0.72 - 0.93 range, which is quite wide. It is currently trading near the lows of this range.
- TNON has an average volume of 1238540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TNON is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, TNON did better than 46% of them.
- Considerably lower volume is observed in the last couple of days.
TNON Weekly and Daily overview Charts
TNON Setup Rating and Analysis
Although the technical rating is bad, TNON does present a nice setup opportunity. Prices have been consolidating lately. 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
TNON Support and Resistance Analysis
0.75
We found 1 important support area.
- A support zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.99 from a trend line in the daily time frame.
- Resistance @1.14 from a horizontal line in the daily time frame.
TNON 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 | DOWN | NEGATIVE | The long term trend for TNON is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNON is neutral. |
| ChartMill Relative Strength | 16.39 | NEGATIVE | TNON has a low relative strength, it was outperformed by 83.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TNON is below the rising 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) | 52.05 | NEUTRAL | The RSI value for TNON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TNON has a positive trend. |
| Stochastics (14,3) | 45.56 | NEUTRAL | The Stochastics value for TNON is a neutral value. |
| Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for TNON suggests high volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for TNON suggests a weak or negative trend. |
TNON Chart- and CandleStick Pattern Analysis
TNON Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:TNON (3/20/2026, 3:25:15 PM)
0.767
-0.06 (-7.59%)
TENON MEDICAL INC / TNON TA FAQ
What is the technical rating for TNON stock?
ChartMill assigns a technical rating of 1 / 10 to TNON.
Can you provide the trend direction for TENON MEDICAL INC?
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 52.0502. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TENON MEDICAL INC?
The short term momentum for TENON MEDICAL INC (TNON) is neutral.
Can you provide the support and resistance levels for TENON MEDICAL INC?
TENON MEDICAL INC (TNON) has a support level at 0.76 and a resistance level at 0.85. Check the full technical report for our detailed analysis of TNON support and resistance levels.