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Is Tonix Pharmaceuticals Holding Corp (TNXP) Stock About to Get Hot Monday?

Monday, January 11, 2021 09:59 AM | InvestorsObserver Analysts

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Is Tonix Pharmaceuticals Holding Corp (TNXP) Stock About to Get Hot Monday?

The market has been high on Tonix Pharmaceuticals Holding Corp (TNXP) stock recently. TNXP gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
Tonix Pharmaceuticals Holding Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TNXP!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.

For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TNXP Stock Today?

Tonix Pharmaceuticals Holding Corp (TNXP) stock is higher by 18.23% while the S&P 500 has fallen -0.58% as of 9:57 AM on Monday, Jan 11. TNXP has risen $0.15 from the previous closing price of $0.84 on volume of 16,946,183 shares. Over the past year the S&P 500 has risen 15.65% while TNXP has fallen -31.72%. TNXP lost -$2.50 per share in the over the last 12 months.

To see the top 5 stocks in the Biotechnology industry click here.

More About Tonix Pharmaceuticals Holding Corp

Tonix Pharmaceuticals Holding Corp is a clinical-stage pharmaceutical company. The company is engaged in discovering, licensing, acquiring and developing drugs and biologics to treat and prevent human disease and alleviate suffering. Its portfolio includes biologics to prevent infectious diseases and small molecules and biologics to treat pain, psychiatric and addiction conditions. While the company is also developing a potential vaccine to protect against the novel coronavirus disease.

Click Here to get the full Stock Score Report on Tonix Pharmaceuticals Holding Corp (TNXP) Stock.

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