Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Tenon Medical, Inc. (NASDAQ:TNON)
Bear Market Rally (-75) - TNON is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TNON as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for TNON
The long-term trend has been DOWN since Feb 13th, 2023 at 1.4000
The intermediate-term trend has been UP since Sep 12th, 2023 at 0.2988
The short-term trend has been DOWN since Sep 19th, 2023 at 0.1701
Smart Scan Analysis for TNON
Based on our trend formula, TNON is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.11||52wk High Date||2022-11-21|
|52wk Low||0.1434||52wk Low Date||2023-09-11|
|Average Volume||3,663,698||Shares Outstanding||22,613|