Canada - Toronto Stock Exchange - TSX:TNX - CA8809451005 - Common Stock
Taking everything into account, TNX scores 3 out of 10 in our technical rating. In the last year, TNX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, TNX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.28, a Stop Loss order could be placed below this zone.
0.28
We found 1 important support area.
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 | UP | POSITIVE | The long term trend for TNX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNX.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TNX.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 23.66 | OVERSOLD | The low RSI value suggests TNX.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TNX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.59 | NEUTRAL | The Stochastics value for TNX.CA is a neutral value. |
| Average Directional Index/ADX (14) | 47.39 | POSITIVE | The high ADX value value for TNX.CA suggests a strong trend. |
TSX:TNX (1/8/2026, 7:00:00 PM)
0.3
+0.02 (+7.14%)
ChartMill assigns a technical rating of 3 / 10 to TNX.CA.
The current trend direction for TENX PROTOCOLS INC (TNX.CA) is Bullish.
TENX PROTOCOLS INC (TNX.CA) has an RSI value of 23.661. This indicates that the stock is currently oversold.
The short term momentum for TENX PROTOCOLS INC (TNX.CA) is positive.
TENX PROTOCOLS INC (TNX.CA) has a support level at 0.28. Check the full technical report for our detailed analysis of TNX.CA support and resistance levels.