TONIX PHARMACEUTICALS HOLDIN (TNXP) Stock Technical Analysis
NASDAQ:TNXP - Nasdaq - US8902608392 - Common Stock - Currency: USD
Taking everything into account, TNXP scores 7 out of 10 in our technical rating. 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 in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TNXP is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 559 stocks in the same industry.
In the last month TNXP has a been trading in the 20.36 - 44.30 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that TNXP is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TNXP has an excellent technical rating, but the quality of the setup is only medium 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
22.76
42.45
We found 3 important support areas.
- A support zone ranging from 37.70 to 37.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.91 from a trend line in the daily time frame.
- Support @22.99 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.41 to 40.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.03 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TNXP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNXP is up. |
| ChartMill Relative Strength | 92.89 | POSITIVE | TNXP has a high relative strength, it outperformed 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNXP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.48 | NEUTRAL | The RSI value for TNXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TNXP has a negative trend. |
| Stochastics (14,3) | 67.95 | NEUTRAL | The Stochastics value for TNXP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.48 | HIGH VOLATILITY | The high ATR as a percentage value for TNXP suggests high volalility. |
| Average Directional Index/ADX (14) | 55.63 | POSITIVE | The high ADX value value for TNXP suggests a strong trend. |
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)
37.71
-0.03 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.08%
1 Week-3.18%
2 Weeks0.05%
1 Month86.87%
3 Month151.4%
6 Month56.8%
12 Month-67.21%
2 Year-99.25%
3 Year-99.88%
5 Year-99.99%
10 Year-100%
15 YearN/A
Volatility
ATR(14)4.38
ATR(20)%11.48%
ATR Inc-56.77%
Range Today1.63
ADR(20)4.14
ADR(20)%10.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.89
Mansfield1.99
10 Day High44.3
10 Day Low36.65
20 Day High44.3
20 Day Low20.36
52 Week High137.25
52 Week Low6.76
CS1 End37.7
CR1 Start40.41
Volume & EV
DER(3)-6.1%
DER(5)-2.6%
Volume833.40K
Volume Incr-46.38%
Vol(5)710.50K
Vol(50)984.86K