Overall TYRA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TYRA is showing a nice and steady performance.
Although TYRA has an excellent technical rating, it does not present a decent entry opportunity 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.
14.75
When analyzing the support we can see 2 important areas.
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 | 94.3 | POSITIVE | TYRA has a high relative strength, it outperformed 94.3% 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) | UP | POSITIVE | The current price of TYRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.48 | OVERBOUGHT | The high RSI value suggests TYRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests TYRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.78 | OVERBOUGHT | The high Stochastics value suggests TYRA may be overbought. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.33 | POSITIVE | The high ADX value value for TYRA suggests a strong trend. |
22.56
+0.53 (+2.41%)
ChartMill assigns a technical rating of 9 / 10 to TYRA.
The current trend direction for TYRA BIOSCIENCES INC (TYRA) is Bullish.
TYRA BIOSCIENCES INC (TYRA) has an RSI value of 84.4758. This indicates that the stock is currently overbought.
The MACD indicator for TYRA BIOSCIENCES INC (TYRA) has a value of 0.668356, indicating a bearish trend.
The short term momentum for TYRA BIOSCIENCES INC (TYRA) is positive.