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TENON MEDICAL INC-28 (TNONW) Stock Technical Analysis

NASDAQ:TNONW - Nasdaq - - Currency: USD

0.0195  +0 (+1.56%)

Technical Rating and Analysis

0

Overall TNONW gets a technical rating of 0 out of 10. TNONW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than TNONW.
TNONW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TNONW is lagging the market.
Warning: TNONW has an average volume of 29318 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TNONW has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TENON MEDICAL INC-28 / TNONW Weekly stock chart
TENON MEDICAL INC-28 / TNONW Daily stock chart
Setup Rating and Analysis

8

TNONW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TNONW 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.
Support and Resistance Analysis

0.01

0.03

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.01 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.03 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TNONW is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TNONW is down.
ChartMill Relative Strength6.73NEGATIVETNONW has a low relative strength, it was outperformed by 93.27% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TNONW is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TNONW is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TNONW is below a declining SMA(200).
Relative Strength Index/RSI (14)49.53NEUTRALThe RSI value for TNONW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests TNONW has a negative trend, although the MACD value is rising.
Stochastics (14,3)48.89NEUTRALThe Stochastics value for TNONW is a neutral value.
Average True Range in percent/ATR (20)17.62HIGH VOLATILITYThe high ATR as a percentage value for TNONW suggests high volalility.
Average Directional Index/ADX (14)10.66NEGATIVEThe low ADX value for TNONW suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
TENON MEDICAL INC-28 / TNONW Daily stock chart

TENON MEDICAL INC-28

NASDAQ:TNONW (6/20/2025, 8:00:49 PM)

0.0195

+0 (+1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week16.07%
2 Weeks-2.5%
1 Month-9.3%
3 Month1.04%
6 Month15.38%
12 Month-78.04%
2 Year-75.62%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%17.62%
ATR Inc-42.28%
Range Today0
ADR(20)0
ADR(20)%15.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.73
Mansfield-4.19
10 Day High0.02
10 Day Low0.01
20 Day High0.03
20 Day Low0.01
52 Week High0.09
52 Week Low0.01
CS1 End0.02
CR1 Start0.02
Volume & EV
DER(3)13.74%
DER(5)6.65%
Volume15.20K
Volume Incr40.67%
Vol(5)28.50K
Vol(50)29.32K