Tenable Holdings, Inc. | TENB

Daily Technical Analysis of Tenable Holdings, Inc.

Tenable Holdings is up a bit on the day, funds flowing in kept the price up 2.16% since yesterday.

Currently TENB isn't at a clear support/resistance line that seems tradable. TENB hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. TENB might find some support at the 46.6 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Tenable Holdings By Price Target And Rating

The analysts are pretty neutral on Tenable Holdings right now, so not much useful information here. The current Analysts Sentiment Score is 9.98. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Needham & Company LLC boosted their price targ by 10.71% to $62.00 on 2024-02-07. Wells Fargo & Company boosted their price targ by 9.09% to $60.00 on 2024-02-07. Stephens boosted their price targ by 3.33% to $62.00 on 2024-02-07. Wedbush provided a price target boost of 30% to $65.00 from $50.00 on 2024-02-07. On 2024-01-12 there was an upgrade provided by Westpark Capital from Hold to Buy and added a price target of $65.00. On 2024-01-09 Morgan Stanley upgraded Tenable Holdings from Equal Weight to Overweight and moved up their price target to $60.00 which is a 30.43% increase. Susquehanna announced that they are initiating coverage with a rating of Positive on 2023-12-15 and they set their price target at $55.00.On 2023-11-02 Barclays lowered their price target by -12.77% to $41.00. Piper Sandler announced a lowering of their price target to $50.00 from $55.00 on 2023-11-02. TD Cowen initiated a rating of Outperform on 2023-09-18 and added a price target of $55.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Tenable Holdings

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Tenable Holdings

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.