TENAX THERAPEUTICS INC (TENX) Stock Technical Analysis
NASDAQ:TENX - Nasdaq - US88032L6056 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TENX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TENX is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TENX is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, TENX also shows a nice and consistent pattern of rising prices.
TENX is part of the Biotechnology industry. There are 571 other stocks in this industry. TENX outperforms 93% of them.
TENX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TENX is lagging the market slightly.
In the last month TENX has a been trading in the 5.85 - 7.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TENX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
4.06
7.31
We found 4 important support areas.
- Support @6.47 from a trend line in the weekly time frame.
- A support zone ranging from 6.18 to 6.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.94 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.24 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.72
Mansfield4.36
10 Day High7.89
10 Day Low6.1
20 Day High7.89
20 Day Low5.85
52 Week High7.89
52 Week Low2.77
Performance
1 Week-7.53%
2 Weeks-4.53%
1 Month3.53%
3 Month37.2%
6 Month59.95%
12 Month69.6%
2 Year-87.59%
3 Year-99.28%
5 Year-99.64%
10 Year-99.87%
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)-0.07
RSI(14)51.53
LBB5.81
UBB8
6.75
+0.62 (+10.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.11%
1 Week-7.53%
2 Weeks-4.53%
1 Month3.53%
3 Month37.2%
6 Month59.95%
12 Month69.6%
2 Year-87.59%
3 Year-99.28%
5 Year-99.64%
10 Year-99.87%
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%7.45%
ATR Inc53.66%
Range Today0.49
ADR(20)0.46
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.72
Mansfield4.36
10 Day High7.89
10 Day Low6.1
20 Day High7.89
20 Day Low5.85
52 Week High7.89
52 Week Low2.77
CS1 End6.47
CR1 Start7.24
Volume & EV
DER(3)-15.07%
DER(5)-11.77%
Volume33.20K
Volume Incr-20.81%
Vol(5)37.90K
Vol(50)42.17K