Question 1

What implications does the 10-day RSI indicator have for TNYA?

Accepted Answer

It is expected that a price bounce should occur soon.

Question 2

What does the Stochastic Oscillator suggest about TNYA's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did TNYA's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TNYA as a result. In 44 of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.

Question 4

What does MACD indicator imply for TNYA?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for TNYA turned negative on September 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 29 similar instances when the indicator turned negative. In 29 of the 29 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 5

What does a 3-day price advance indicate for TNYA?

Accepted Answer

Following a +6.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where TNYA advanced for three days, in 144 of 164 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.

Question 6

What does a 3-day decline signify for TNYA's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TNYA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

Question 7

What does TNYA breaking above its upper Bollinger Band indicate?

Accepted Answer

TNYA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on TNYA's trend?

Accepted Answer

The Aroon Indicator for TNYA entered a downward trend on September 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

TNYA Stock Tenaya Therapeutics (TNYA, $2.2) RSI Indicator left the oversold zone on September 11, 2024

TNYA's RSI Indicator is remaining in oversold zone for 2 days

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