TENON MEDICAL INC-28 (TNONW) Stock Technical Analysis
NASDAQ:TNONW - Nasdaq - - Currency: USD
Taking everything into account, TNONW scores 2 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
91% 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: TNONW has an average volume of 28208 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 - 0.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TNONW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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.
More info and screens
0.01
0.03
2 important support areas can be observed.
- 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 multiple time frames.
- Support @0.01 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.02 from a trend line in the daily time frame.
- Resistance @0.03 from a horizontal line 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 TNONW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNONW is neutral. |
| ChartMill Relative Strength | 9.31 | NEGATIVE | TNONW has a low relative strength, it was outperformed by 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TNONW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNONW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNONW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.57 | NEUTRAL | The RSI value for TNONW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TNONW has a positive trend. |
| Stochastics (14,3) | 92 | OVERBOUGHT | The high Stochastics value suggests TNONW may be overbought. |
| Average True Range in percent/ATR (20) | 13.76 | HIGH VOLATILITY | The high ATR as a percentage value for TNONW suggests high volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for TNONW 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:TNONW (7/11/2025, 4:00:44 PM)
0.0218
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week37.11%
2 Weeks21.79%
1 Month-2.68%
3 Month21.11%
6 Month23.86%
12 Month-60.36%
2 Year-74.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%13.76%
ATR Inc66.51%
Range Today0.01
ADR(20)0
ADR(20)%11.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.31
Mansfield-3.54
10 Day High0.02
10 Day Low0.02
20 Day High0.02
20 Day Low0.01
52 Week High0.09
52 Week Low0.01
CS1 End0.02
CR1 Start0.02
Volume & EV
DER(3)33.4%
DER(5)34.19%
Volume13.80K
Volume Incr-65.41%
Vol(5)10.36K
Vol(50)28.21K