TENABLE HOLDINGS INC (TENB) Stock Technical Analysis
NASDAQ:TENB - Nasdaq - US88025T1025 - Common Stock - Currency: USD
Taking everything into account, TENB scores 7 out of 10 in our technical rating. Although TENB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, TENB is a bad performer in the overall market: 75% of all stocks are doing better.
TENB is one of the lesser performing stocks in the Software industry. 63% of 284 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
TENB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TENB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TENB is lagging the market.
Besides having an excellent technical rating, TENB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.99, a Stop Loss order could be placed below this zone.
More info and screens
38.10
44.96
We found 3 important support areas.
- A support zone ranging from 41.55 to 41.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.23 from a horizontal line in the daily time frame.
- A support zone ranging from 38.48 to 39.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.40 to 43.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.39 to 44.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.3
Mansfield-0.83
10 Day High45.44
10 Day Low41.01
20 Day High45.44
20 Day Low37.78
52 Week High52.5
52 Week Low35.25
Performance
1 Week-3.33%
2 Weeks4.77%
1 Month10.08%
3 Month2.89%
6 Month3.19%
12 Month-17.09%
2 Year-2.74%
3 Year-22.29%
5 Year75.45%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)56.08
LBB40.43
UBB45.18
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.45 | 41.54 | 1.91 (4.40%) | 22.75% |
| An entry @43.45. This is a Buy Stop order right above the resistance zone. | An exit @41.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.91 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.75% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TENB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TENABLE HOLDINGS INC
NASDAQ:TENB (2/5/2025, 1:46:59 PM)
42.76
-0.26 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.6%
1 Week-3.33%
2 Weeks4.77%
1 Month10.08%
3 Month2.89%
6 Month3.19%
12 Month-17.09%
2 Year-2.74%
3 Year-22.29%
5 Year75.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%3.3%
ATR Inc-36.61%
Range Today0.89
ADR(20)1.37
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.3
Mansfield-0.83
10 Day High45.44
10 Day Low41.01
20 Day High45.44
20 Day Low37.78
52 Week High52.5
52 Week Low35.25
CS1 End41.99
CR1 Start43.4
Volume & EV
DER(3)1.46%
DER(5)2.95%
Volume722.52K
Volume Incr47.72%
Vol(5)1.38M
Vol(50)945.00K