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Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 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
1.950 1.970 1.840 1.855 -0.065
Entry Signal

MarketClub’s Trade Triangles for TNON

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 2.8000

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 3.8200

short term up The short-term trend has been UP since Dec 20th, 2024 at 1.9685

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
1.950 1.970 1.840 1.855 -0.065
Prev. Close Volume Bid Ask Time
1.840 226374 2024-12-20 15:59:51
52wk High17.192852wk High Date2023-12-22
52wk Low1.8152wk Low Date2024-12-19
Average Volume155,953Shares Outstanding3,137
Assets13,039,000MLiabilities4,848,000M
P/E Ratio-0.03990000
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