TYRA BIOSCIENCES INC (TYRA) Technical Analysis
NASDAQ:TYRA • US90240B1061
Current stock price
35.56 USD
+0.44 (+1.25%)
At close:
35.4222 USD
-0.14 (-0.39%)
Pre-Market:
TYRA Technical Rating and Analysis
Overall TYRA gets a technical rating of 9 out of 10. In the last year, TYRA was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TYRA has a been trading in the 33.87 - 40.65 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that TYRA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by TYRA over the past year are nicely spread over this period.
- TYRA is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 516 stocks in the same industry.
- TYRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TYRA is lagging the market slightly.
- TYRA has an average volume of 1126670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TYRA Weekly and Daily overview Charts
TYRA Setup Rating and Analysis
TYRA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
TYRA Support and Resistance Analysis
32.25
35.92
4 important support areas can be observed.
- Support @35.25 from a horizontal line in the weekly time frame.
- A support zone ranging from 34.59 to 34.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.52 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.58 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for TYRA is neutral. |
| ChartMill Relative Strength | 97.65 | POSITIVE | TYRA has a high relative strength, it outperformed 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TYRA is below a declining 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) | 48.16 | NEUTRAL | The RSI value for TYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests TYRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.7 | OVERSOLD | The low Stochastics value suggests TYRA may be oversold. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for TYRA suggests a weak or negative trend. |
TYRA Chart- and CandleStick Pattern Analysis
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)
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 |
|---|---|---|---|
| 36.24 | 35.24 | 1.00 (2.75%) | 25.00% |
| An entry @36.24. This is a Buy Stop order right above the 10 day moving average. | An exit @35.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.00 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% 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
35.56
+0.44 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.25%
1 Week0.85%
2 Weeks-10.22%
1 Month-6.86%
3 Month23.6%
6 Month145.24%
12 Month298.65%
2 Year107.95%
3 Year150.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%6.38%
ATR Inc-21.15%
Range Today2.73
ADR(20)2.24
ADR(20)%6.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
3 months CRS92.15
6 months CRS98.81
Mansfield6.99
10 Day High40.51
10 Day Low33.87
20 Day High40.65
20 Day Low33.87
52 Week High40.65
52 Week Low7.8
CS1 End35.25
CR1 StartN/A
Volume & EV
DER(3)2.85%
DER(5)2.16%
Volume1.35M
Volume Incr30.54%
Vol(5)1.37M
Vol(50)1.13M
TYRA BIOSCIENCES INC / TYRA TA FAQ
What is the technical rating for TYRA stock?
ChartMill assigns a technical rating of 9 / 10 to TYRA.
Can you provide the trend direction for TYRA BIOSCIENCES INC?
The current trend direction for TYRA BIOSCIENCES INC (TYRA) is Bullish.
Can you provide the RSI signal for TYRA BIOSCIENCES INC?
TYRA BIOSCIENCES INC (TYRA) has an RSI value of 48.1564. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TYRA BIOSCIENCES INC?
The MACD indicator for TYRA BIOSCIENCES INC (TYRA) has a value of -0.454071, indicating a bearish trend.
What is the support and resistance level for TYRA stock?
TYRA BIOSCIENCES INC (TYRA) has a support level at 35.25. Check the full technical report for our detailed analysis of TYRA support and resistance levels.