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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Tenon Medical, Inc. (NASDAQ:TNON)
Long-Term Downtrend (-90) - TNON is in a strong downtrend that is likely to continue. While TNON is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for TNON
The long-term trend has been DOWN since Nov 14th, 2024 at 2.80
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 3.82
The short-term trend has been DOWN since Nov 14th, 2024 at 3.22
Smart Scan Analysis for TNON
Based on our trend formula, TNON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.450 | 2.570 | 2.400 | 2.545 | +0.055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.540 | 125226 | 2024-11-19 15:59:35 |
| 52wk High | 20 | 52wk High Date | 2023-12-01 |
| 52wk Low | 2.46 | 52wk Low Date | 2024-11-18 |
| Average Volume | 1,428,702 | Shares Outstanding | 3,137 |
| Assets | 6,006,000M | Liabilities | 5,174,000M |
| P/E Ratio | -0.03990000 |