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TERN

weekly
Daily Weekly Monthly
PARABOLIC
Support
$44.0
Resistance
$53.0
TERN Terns Pharmaceuticals, Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of March 26, 2026
TERN Weekly chart 2026-03-26 09:22:50 UTC
AI-generated analysis — not financial advice. For educational purposes only.

TERN Weekly Technical Analysis Summary

As of March 26, 2026, TERN (Terns Pharmaceuticals, Inc.) is in a parabolic state on the weekly chart, with a confidence level of 74%. Key support is at $44.0 and key resistance at $53.0. Vertical breakout from multi-year base followed by shallow consolidation, then fresh push to new highs; price very extended above all MAs (RSI~82).

Price Scenarios & Targets

bullish

Parabolic continuation: brief pullback/sideways digestion above the breakout zone, then continuation to a measured extension; Elliott view: likely late Wave 3 or Wave 5 extension—expect sharp but buyable pullbacks.

Price Target
$72.0
Path to target
First move
$60.0
Pullback
$44.0
Final target
$72.0

bearish

Mean-reversion unwind: deeper correction toward fast MAs as momentum cools (RSI compression); Elliott view: an ABC/Wave 4-style correction before another attempt higher.

Price Target
$25.0
Path to target
First move
$36.0
Pullback
$44.0
Final target
$25.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Hold above $44 on weekly closes (prior breakout/swing area) while making a new HH above $53

✗ Invalidation

Weekly close below $36 (breaks the most recent consolidation HL and opens deeper mean reversion)

Position Entry & Exit Levels

⊕ Add

Start $44.0 – $39.0
Add $36.5 – $32.0
Heavy $26.0 – $22.0

Buy-the-dip only: $44-$39 is prior breakout/structure support; $36-$32 aligns with last consolidation floor + likely Fib retrace; $26-$22 is deeper Fib/mean-reversion toward rising EMA50 area if a full Wave-4/ABC develops.

⊖ Derisk

Trim 1 $60.0 – $68.0
Trim 2 $72.0 – $85.0
Close $90.0 – $110

In parabolic runs, trim into upside extensions (Fib/projection zones) because reversals are typically fast; $60-$68 first extension, $72-$85 next extension, $90-$110 extreme blow-off risk zone if momentum persists.

Frequently Asked Questions

What is the weekly technical outlook for TERN today?

As of March 26, 2026, TERN (Terns Pharmaceuticals, Inc.) is in a parabolic state on the weekly chart with 74% confidence. Vertical breakout from multi-year base followed by shallow consolidation, then fresh push to new highs; price very extended above all MAs (RSI~82).

What are the weekly support and resistance levels for TERN?

On the weekly timeframe, TERN has key support at $44.0 and key resistance at $53.0. The most likely scenario (bullish) targets $60.0 and $72.0, with a revert level at $44.0.

Is TERN in an uptrend or downtrend?

TERN (Terns Pharmaceuticals, Inc.) is currently classified as parabolic on the weekly chart, with 74% confidence. Confirmation requires: Hold above $44 on weekly closes (prior breakout/swing area) while making a new HH above $53 This would be invalidated by: Weekly close below $36 (breaks the most recent consolidation HL and opens deeper mean reversion)

What are the price targets for TERN?

The most likely scenario (bullish) targets $60.0 and $72.0, with a revert level at $44.0. The alternative scenario (bearish) targets $36.0 and $25.0.

Other Timeframes for TERN
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