Overall TNXP gets a technical rating of 6 out of 10. In the past year, TNXP was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
TNXP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TNXP is lagging the market.
TNXP is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 561 stocks in the same industry.
In the last month TNXP has a been trading in the 15.38 - 30.74 range, which is quite wide. It is currently trading near the high of this range.
TNXP has an average volume of 1148690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that TNXP is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.