Tenaya Therapeutics Stock Forecast

Sell candidate since Aug 06, 2026 Gain 0.14%

The Tenaya Therapeutics, Inc. stock price gained 0.138% on the last trading day (Friday, 7th Aug 2026), rising from $0.726 to $0.727. During the last trading day the stock fluctuated 4.28% from a day low at $0.725 to a day high of $0.756. The price has fallen in 6 of the last 10 days and is down by -6.22% for this period. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately $1.15 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.18% during the next 3 months and, with a 90% probability hold a price between $0.570 and $0.81 at the end of this 3-month period.

TNYA Signals & Forecast

There are few to no technical positive signals at the moment. The Tenaya Therapeutics, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.743 and $0.781. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, July 07, 2026, and so far it has fallen -21.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Tenaya Therapeutics, Inc. stock

Tenaya Therapeutics, Inc. finds support from accumulated volume at $0.710 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0310 between high and low, or 4.28%. For the last week the stock has had daily average volatility of 6.70%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TNYA) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Tenaya Therapeutics, Inc. to open at $0.736, and during the day (based on 14 day Average True Range), to move between $0.701 and $0.753, which gives a possible trading interval of +/-$0.0518 (+/-7.39%) up or down from last closing price. If Tenaya Therapeutics, Inc. takes out the full calculated possible swing range there will be an estimated 7.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.710 (2.31%) than the resistance at $0.790 (8.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tenaya Therapeutics, Inc. stock A Buy?

Tenaya Therapeutics, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.200 Strong Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $0.736 ( 1.26%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk