TENAX THERAPEUTICS INC (TENX) Stock Technical Analysis
NASDAQ:TENX - Nasdaq - US88032L6056 - Common Stock - Currency: USD
Taking everything into account, TENX scores 4 out of 10 in our technical rating. Although TENX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TENX is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 568 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that TENX is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, TENX also shows a nice and consistent pattern of rising prices. However, TENX's most recent performance is quite weak.
TENX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TENX has a been trading in the 4.63 - 6.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TENX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for TENX 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
5.04
6.04
2 important support areas can be observed.
- A support zone ranging from 5.31 to 5.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.09 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.94 to 5.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.83
Mansfield2.17
10 Day High5.77
10 Day Low4.63
20 Day High6.76
20 Day Low4.63
52 Week High7.89
52 Week Low2.77
Performance
1 Week0.55%
2 Weeks-6.35%
1 Month-12.78%
3 Month-16.51%
6 Month14.95%
12 Month56.9%
2 Year-78.87%
3 Year-99.53%
5 Year-99.48%
10 Year-99.9%
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)-0.04
RSI(14)42.57
LBB5.01
UBB6.01
5.46
+0.36 (+7.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.06%
1 Week0.55%
2 Weeks-6.35%
1 Month-12.78%
3 Month-16.51%
6 Month14.95%
12 Month56.9%
2 Year-78.87%
3 Year-99.53%
5 Year-99.48%
10 Year-99.9%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%8.09%
ATR Inc30.45%
Range Today0.43
ADR(20)0.43
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.83
Mansfield2.17
10 Day High5.77
10 Day Low4.63
20 Day High6.76
20 Day Low4.63
52 Week High7.89
52 Week Low2.77
CS1 End5.38
CR1 Start5.94
Volume & EV
DER(3)-5.83%
DER(5)4.91%
Volume18.60K
Volume Incr-15.27%
Vol(5)19.56K
Vol(50)30.47K