We assign a technical rating of 1 out of 10 to TNYA. TNYA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TNYA is bad and it also does not present a quality setup 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
1.01
We found 2 important support areas.
- Support @1.15 from a horizontal line in the daily time frame.
- Support @1.02 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.77 from a trend line in the weekly time frame.
- Resistance @1.90 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for TNYA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TNYA is down. |
| ChartMill Relative Strength | 17.89 | NEGATIVE | TNYA has a low relative strength, it was outperformed by 82.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TNYA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TNYA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNYA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.4 | NEUTRAL | The RSI value for TNYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TNYA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.03 | OVERSOLD | The low Stochastics value suggests TNYA may be oversold. |
| Average True Range in percent/ATR (20) | 11.4 | HIGH VOLATILITY | The high ATR as a percentage value for TNYA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for TNYA suggests a possible start of a new trend. |
1.23
+0.07 (+6.03%)
TENAYA THERAPEUTICS INC / TNYA FAQ
Can you provide the ChartMill technical rating for TENAYA THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 10 to TNYA.
What is the trend direction for TNYA stock?
The current trend direction for TENAYA THERAPEUTICS INC (TNYA) is Bearish.
What is the RSI signal for TENAYA THERAPEUTICS INC (TNYA) stock?
TENAYA THERAPEUTICS INC (TNYA) has an RSI value of 40.4043. This indicates that the stock is currently neutral.
What are the support and resistance levels for TENAYA THERAPEUTICS INC (TNYA) stock?
TENAYA THERAPEUTICS INC (TNYA) has a support level at 1.15 and a resistance level at 1.37. Check the full technical report for our detailed analysis of TNYA support and resistance levels.