TENAYA THERAPEUTICS INC (TNYA) Stock Technical Analysis
NASDAQ:TNYA - Nasdaq - US87990A1060 - Common Stock - Currency: USD
Taking everything into account, TNYA scores 4 out of 10 in our technical rating. In the past year, TNYA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TNYA is a bad performer in the overall market: 96% of all stocks are doing better.
TNYA is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 75% are performing better than TNYA.
TNYA 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 TNYA is lagging the market.
TNYA has an average volume of 2386140 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.
In the last month TNYA has a been trading in the 0.39 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TNYA has an average technical rating and it also does not offer a high 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
0.59
0.68
We can see 3 important resistance areas.
- Resistance @0.62 from a trend line in the daily time frame.
- Resistance @0.64 from a horizontal line in the weekly time frame.
- Resistance @0.67 from a trend 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 TNYA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNYA is up. |
| ChartMill Relative Strength | 4.14 | NEGATIVE | TNYA has a low relative strength, it was outperformed by 95.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.56 | NEUTRAL | The RSI value for TNYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TNYA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.49 | NEUTRAL | The Stochastics value for TNYA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.13 | HIGH VOLATILITY | The high ATR as a percentage value for TNYA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.46 | NEUTRAL | The ADX value for TNYA suggests a possible start of a new 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)
0.5915
-0.01 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.55%
1 Week-6.67%
2 Weeks28.59%
1 Month35.26%
3 Month-15.37%
6 Month-78.49%
12 Month-82.4%
2 Year-89.92%
3 Year-89.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%9.13%
ATR Inc16.49%
Range Today0.06
ADR(20)0.05
ADR(20)%8.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.14
Mansfield-6.76
10 Day High0.75
10 Day Low0.44
20 Day High0.75
20 Day Low0.39
52 Week High4.06
52 Week Low0.36
CS1 EndN/A
CR1 Start0.62
Volume & EV
DER(3)-14.57%
DER(5)-9.16%
Volume1.95M
Volume Incr40.83%
Vol(5)3.47M
Vol(50)2.39M