TYRA BIOSCIENCES INC (TYRA) Technical Analysis
NASDAQ:TYRA • US90240B1061
Current stock price
TYRA Technical Rating and Analysis
Overall TYRA gets a technical rating of 10 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TYRA did better than 98% of all other stocks. On top of that, TYRA also shows a nice and consistent pattern of rising prices.
- TYRA is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 519 stocks in the same industry.
- TYRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TYRA is leading the market.
- TYRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TYRA Weekly and Daily overview Charts
TYRA Setup Rating and Analysis
TYRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 36.28, a Stop Loss order could be placed below this zone.
More info and screens
TYRA Support and Resistance Analysis
30.74
We found 4 important support areas.
- A support zone ranging from 35.99 to 36.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.92 from a trend line in the daily time frame.
- A support zone ranging from 31.71 to 32.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.05 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @38.19 from a horizontal line in the daily time frame.
TYRA Technical Indicator Signal Analysis
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 | 98.48 | POSITIVE | TYRA has a high relative strength, it outperformed 98.48% 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) | 55.16 | NEUTRAL | The RSI value for TYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests TYRA has a negative trend. |
| Stochastics (14,3) | 62.74 | NEUTRAL | The Stochastics value for TYRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for TYRA suggests a possible start of a new trend. |
TYRA Chart- and CandleStick Pattern Analysis
TYRA Example Setup
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 |
|---|---|---|---|
| 38.20 | 35.98 | 2.22 (5.81%) | 17.21% |
| An entry @38.20. This is a Buy Stop order right above the resistance zone. | An exit @35.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.22 points, which is 5.81%. | For a 1.00% total portfolio risk, you can invest 17.21% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TYRA. Please evaluate whether better entry and exit points can be found.
- 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.
TYRA Technicals: Chart, Performance Metrics, Trend & Indicators
36.29
-1.74 (-4.58%)
TYRA BIOSCIENCES INC / TYRA TA FAQ
What is the technical rating for TYRA stock?
ChartMill assigns a technical rating of 10 / 10 to TYRA.
Can you provide the trend direction for TYRA BIOSCIENCES INC?
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 55.1573. This indicates that the stock is currently neutral.
What is the MACD signal for TYRA stock?
The MACD indicator for TYRA BIOSCIENCES INC (TYRA) has a value of -0.18901, indicating a bearish trend.
What is the buy/sell signal for TYRA stock?
The buy/sell signal for TYRA BIOSCIENCES INC (TYRA) is buy as both the short term and long term trends are positive.