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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Tenon Medical, Inc. (NASDAQ:TNON)

Countertrend Down (-85) - TNON is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid TNON?

MarketClub looks at technical strength and momentum to determine if the timing is right for TNON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TNON
Open High Low TNON Price Change
0.6300 0.6300 0.5799 0.5839 -0.0368
Entry Signal

MarketClub’s Trade Triangles for TNON

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 1.0118

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2024 at 0.7220

short term up The short-term trend has been UP since Jun 6th, 2024 at 0.7125

Smart Scan Analysis for TNON

Based on our trend formula, TNON is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TNON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6300 0.6300 0.5799 0.5839 -0.0368
Prev. Close Volume Bid Ask Time
0.5907 16825 2024-06-18 13:41:22
52wk High4.752wk High Date2023-11-08
52wk Low0.559952wk Low Date2024-06-06
Average Volume17,736Shares Outstanding3,729
Assets8,020,000MLiabilities4,396,000M
P/E Ratio-0.03990000
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