TYRA BIOSCIENCES INC (TYRA) Stock Technical Analysis
USA - NASDAQ:TYRA - US90240B1061 - Common Stock
12.52 USD
+0.05 (+0.4%)
12.52 USD
0 (0%)
Taking everything into account, TYRA scores 7 out of 10 in our technical rating. Although TYRA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
84% 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.
The long and short term trends are both positive. This is looking good!
In the last month TYRA has a been trading in the 9.96 - 13.24 range, which is quite wide. It is currently trading near the high of this range.
TYRA is part of the Biotechnology industry. There are 540 other stocks in this industry, TYRA did better than 49% of them.
Besides having an excellent technical rating, TYRA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.51, a Stop Loss order could be placed below this zone.
More info and screens
10.68
13.32
3 important support areas can be observed.
- A support zone ranging from 12.17 to 12.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.81 to 11.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.79 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.61 to 12.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.89 from a horizontal line in the daily time frame.
- Resistance @13.19 from a horizontal line in the daily time frame.
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 | 16.06 | NEGATIVE | TYRA has a low relative strength, it was outperformed by 83.94% 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) | 59.06 | NEUTRAL | The RSI value for TYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TYRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.18 | NEUTRAL | The Stochastics value for TYRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for TYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for TYRA suggests a strong 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)
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 |
|---|---|---|---|
| 12.69 | 12.16 | 0.53 (4.18%) | 23.94% |
| An entry @12.69. This is a Buy Stop order right above the resistance zone. | An exit @12.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.53 points, which is 4.18%. | For a 1.00% total portfolio risk, you can invest 23.94% 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.
12.52
+0.05 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.4%
1 Week-1.03%
2 Weeks1.21%
1 Month17.01%
3 Month20.04%
6 Month8.87%
12 Month-41.05%
2 Year-9.08%
3 Year42.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%5.83%
ATR Inc-25.5%
Range Today0.32
ADR(20)0.73
ADR(20)%5.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.06
Mansfield-1.58
10 Day High13.24
10 Day Low11.7
20 Day High13.24
20 Day Low9.96
52 Week High29.6
52 Week Low6.42
CS1 End12.51
CR1 Start12.61
Volume & EV
DER(3)1.31%
DER(5)-3.42%
Volume196.30K
Volume Incr-34.53%
Vol(5)151.50K
Vol(50)224.55K