Healthcare Stock Buy Signal: Tyme Technologies, Inc. (TYME)


Tyme Technologies, Inc. (TYME) stock price moved with surging change along with the volume 0.64 million shares in Monday trading session. Shares are trading price at $2.95 with move of 17.06%. The company’s 3-months average volume stands at 0.33 million. Current trade price levels places TYME’s stock about -68.95% away from the 52-week high and closed 46.77% away from the 52-week low. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 2.05. The total dollar value of all 95.83 million outstanding shares is 0.28 billion. The ROA is -152.80%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

Recent Moving averages Indicator Signals for Tyme Technologies, Inc. (TYME)

Typically 20-day simple moving average is useful at identifying swing trading trends lasting 20 days. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. Tyme Technologies, Inc. (TYME) recently closed with rise of 28.32% to its 20-Day Simple Moving Average. This short time frame picture represents an upward movement of current price over average price of last 20 days. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of TYME moved upward with change of 28.31% to its 50-day Moving average. This rising movement shows positive prices direction over last 50 days.

Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days. Longer moving average timeframes are less sensitive to price fluctuations than shorter term timeframes and will generate far few signals. This will reduce the number of “whipsaws”, which is good, but will also generate signals later than when using shorter term averages. TYME stock price revealed pessimistic move of -31.52% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA.

Traders will often use multiple moving averages to analyze a single security. Moving averages are a very simple tool to use, like most technical indicators, different traders will focus on different ways to use them. A longer-term moving average may be used to identify the primary price trend, a shorter moving average period to identify the secondary, price trend, and an even shorter moving average period to identify the minor price trend.

Analysts recommendation for Tyme Technologies, Inc. (TYME)

Analysts have suggested a mean rating of 1.70 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. Exact definitions of a “buy” vary by brokerage, but in general a buy rating is better than neutral but worse than a strong buy, if the brokerage in question issues strong buy ratings. A sell rating on the other hand would be a recommendation to sell the security if currently held, and avoid purchasing it on the open market.


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