Technical Analysis for TNON - Tenon Medical, Inc.

Grade Last Price % Change Price Change
F 5.97 -13.10% -0.90
TNON closed down 13.1 percent on Monday, May 16, 2022, on 86 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
New 52 Week Low Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
New 52 Week Closing Low Bearish -13.10%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 8 hours ago
Gapped Down (Full) about 11 hours ago
1.5x Volume Pace about 11 hours ago
Down 5% about 11 hours ago
Down 3% about 11 hours ago

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Profile

Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes. It focuses on sells The CATAMARAN SIJ Fusion System that includes instruments and implants designed to prepare and fixate the SI-Joint for fusion in the United States and Puerto Rico. The company was incorporated in 2012 and is based in Los Gatos, California.
Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Life Sciences Biology Prosthetics Implant Pelvis Sacroiliac Joint

Is TNON a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.89
52 Week Low 5.8
Average Volume 377,862
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 0.00
10-Day Moving Average 26.80
Average True Range 10.38
RSI 37.11
ADX 0.0
+DI 31.70
-DI 20.75
Chandelier Exit (Long, 3 ATRs) N/A
Chandelier Exit (Short, 3 ATRs) N/A
Upper Bollinger Bands 0.00
Lower Bollinger Band 0.00
Percent B (%b) 0.0
BandWidth 0.00
MACD Line -4.31
MACD Signal Line -1.54
MACD Histogram -2.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.80
Resistance 3 (R3) 6.83 6.59 6.66
Resistance 2 (R2) 6.59 6.38 6.57 6.61
Resistance 1 (R1) 6.28 6.25 6.16 6.25 6.57
Pivot Point 6.04 6.04 5.98 6.02 6.04
Support 1 (S1) 5.73 5.83 5.61 5.70 5.37
Support 2 (S2) 5.49 5.70 5.47 5.33
Support 3 (S3) 5.18 5.49 5.28
Support 4 (S4) 5.15