TYRA BIOSCIENCES INC (TYRA) Stock Technical Analysis
USA - NASDAQ:TYRA - US90240B1061 - Common Stock
We assign a technical rating of 9 out of 10 to TYRA. Both in the recent history as in the last year, TYRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
TYRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.86, a Stop Loss order could be placed below this zone.
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11.91
We found 3 important support areas.
- A support zone ranging from 14.55 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.98 from a horizontal line in the daily time frame.
- Support @12.03 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.85 to 15.85. 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 | UP | POSITIVE | The long term trend for TYRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYRA is up. |
| ChartMill Relative Strength | 83.82 | POSITIVE | TYRA has a high relative strength, it outperformed 83.82% 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 | MIXED | The current price of TYRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.93 | NEUTRAL | The RSI value for TYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TYRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.65 | OVERBOUGHT | The high Stochastics value suggests TYRA may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.23 | POSITIVE | The high ADX value value for TYRA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.86 | 14.54 | 1.32 (8.32%) | 12.02% |
| An entry @15.86. This is a Buy Stop order right above the resistance zone. | An exit @14.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.32 points, which is 8.32%. | For a 1.00% total portfolio risk, you can invest 12.02% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.43
-0.41 (-2.59%)
TYRA BIOSCIENCES INC / TYRA FAQ
What is the technical rating for TYRA stock?
ChartMill assigns a technical rating of 9 / 10 to TYRA.
What is the current trend direction of TYRA BIOSCIENCES INC (TYRA) stock?
The current trend direction for TYRA BIOSCIENCES INC (TYRA) is Bullish.
What is the RSI signal for TYRA BIOSCIENCES INC (TYRA) stock?
TYRA BIOSCIENCES INC (TYRA) has an RSI value of 60.9292. This indicates that the stock is currently neutral.
What is the MACD signal for TYRA BIOSCIENCES INC (TYRA) stock?
The MACD indicator for TYRA BIOSCIENCES INC (TYRA) has a value of 0.0582624, indicating a bearish trend.
Can you provide the short term momentum for TYRA BIOSCIENCES INC?
The short term momentum for TYRA BIOSCIENCES INC (TYRA) is positive.