Tern Price: TERN Deepens Downward, Driving Into a Base-Building Zone

PUBLISHED: Aug 22 2025 @ 19:20 | Comments (0) | More info about Azeez Mustapha

In recent times, bulls failed to hold firmly against furthering more declines against the point of 1, as the exchange operation of Tern Plc (LSE:TERN) deepens downward, driving the stock’s valuation into a base-building zone.

Despite the market’s extending its downward move, the continuous retracement statistically increases the likelihood of the valuation consolidating into a base formation. This consolidation phase suggests the potential for stronger accumulation, offering a foundation from which bullish sentiment could gradually emerge, thereby enhancing prospects for recovery and sustainable upward momentum in the sessions ahead.

Resistance Levels: 1.25, 1.5, 1.75
Support Levels: 0.4, 0.3, 0.2

Will Tern Plc Stock’s Downward Extension Transition Into a Sustainable Base Formation for Rebound?

Caution is warranted, as bears nursing extended moves may distort long-term stability, risking deeper weaknesses despite short-term base formation signals, given that the Tern Plc stock trade is tenable to run into a base-building zone.

The 15-day EMA trend line has consistently remained beneath the 50-day EMA, both extending downward across various levels toward the critical point at 1, which now acts as the major contending line against potential upside recovery. Over the past couple of months, the stochastic oscillators have repeatedly swung sideways around the 40 level before dipping back into the oversold region. This behavior signals that the market has been progressively more vulnerable, succumbing to sustained bearish pressure and a degree of continued decline.

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