TENON MEDICAL INC (TNON)
US88066N2045 - Common Stock
We assign a technical rating of 0 out of 10 to TNON. TNON's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, TNON is a bad performer in the overall market: 98% of all stocks are doing better.
TNON is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 90% of 188 stocks in the same industry do better.
TNON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
TNON is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TNON has an average volume of 2046050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of TNON is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.51
4.93
When analyzing the resistance we notice 2 important areas.
- Resistance @3.56 from a trend line in the daily time frame.
- Resistance @4.88 from a trend 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
CRS2.52
Mansfield-6.89
10 Day High3.57
10 Day Low2.4
20 Day High4.12
20 Day Low2.4
52 Week High20
52 Week Low2.4
Performance
1 Week-6.27%
2 Weeks-23.72%
1 Month-29.83%
3 Month-41.2%
6 Month-57.28%
12 Month-84.12%
2 Year-98.34%
3 YearN/A
5 YearN/A
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)-0.06
RSI(14)33.93
LBB2.19
UBB3.81
TENON MEDICAL INC
NASDAQ:TNON (11/22/2024, 5:59:02 PM)
After market: 2.54 0 (0%)2.54
-0.09 (-3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.42%
1 Week-6.27%
2 Weeks-23.72%
1 Month-29.83%
3 Month-41.2%
6 Month-57.28%
12 Month-84.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%10.26%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.57
10 Day Low2.4
20 Day High4.12
20 Day Low2.4
52 Week High20
52 Week Low2.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume69.98K
Volume Incr-91.65%
Vol(5)122.85K
Vol(50)2.05M