TYRA BIOSCIENCES INC (TYRA) Stock Technical Analysis
NASDAQ:TYRA - Nasdaq - US90240B1061 - Common Stock - Currency: USD
Overall TYRA gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TYRA was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than TYRA.
TYRA 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.
In the last month TYRA has a been trading in the 8.98 - 11.31 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.
TYRA is an average performer in the Biotechnology industry, it outperforms 43% of 558 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TYRA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.86. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TYRA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.00
11.04
We found 4 important support areas.
- A support zone ranging from 9.90 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.62 from a trend line in the daily time frame.
- Support @9.28 from a trend line in the daily time frame.
- A support zone ranging from 9.09 to 9.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.86 to 10.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TYRA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYRA is up. |
| ChartMill Relative Strength | 11.79 | NEGATIVE | TYRA has a low relative strength, it was outperformed by 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TYRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TYRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TYRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for TYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TYRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.52 | NEUTRAL | The Stochastics value for TYRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for TYRA suggests a weak or negative 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)
10.39
-0.47 (-4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.33%
1 Week1.27%
2 Weeks3.9%
1 Month9.37%
3 Month16.48%
6 Month-35.82%
12 Month-47.34%
2 Year-29.89%
3 Year-2.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%6.1%
ATR Inc-16.14%
Range Today0.81
ADR(20)0.62
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.79
Mansfield-3.57
10 Day High11.32
10 Day Low9.47
20 Day High11.32
20 Day Low8.98
52 Week High29.6
52 Week Low6.42
CS1 End10.1
CR1 Start10.86
Volume & EV
DER(3)3.61%
DER(5)2.64%
Volume104.20K
Volume Incr-42.15%
Vol(5)216.04K
Vol(50)343.74K