Is The Rally Real? Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP)

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) is showing a bit of weakness  in the early session on Thursday. The stock has been nice uptrend over the past month with a jump of 24%.

Major Trigger:

Tonix Pharmaceuticals to Participate in BIO Digital Conference

Key Highlights:

announced today that Seth Lederman, M.D., President and Chief Executive Officer of Tonix, will participate in the BIO Digital Conference being held June 10-11 and 14-18, 2021.

The Company’s presentation will be made through the BIO Digital Conference website and available on demand to registered participants during the conference at https://www.bio.org/events/bio-digital/sessions?sessionTypes=25903. Following the conference, the presentation will be available under the IR Events tab of the Investors section of the Tonix website at www.tonixpharma.com.

Market Reaction

As of 11:06, TNXP stock fell by 1.92% to $1.275 with more than 4.48 million shares traded hands, compared to its average volume of 13.45 million shares. The stock has moved within a range of $ 1.2600 – 1.3400 after opening the trade at $1.28.

Technical Indicators

SymbolValueResultSymbolValueResult
ADX25.5684SellATR140.0933
CCI20111.0022BuyChaikin Money Flow0.0355Neutral
MACD0.0596BuyMoney Flow Index65.6866Buy
ROC15.0442BuyRSI62.9183Sell
STOCH (14,3)63.6364SellSTOCH RSI0.0000OverSold
UO55.7533BuyWilliams %R-36.3636Neutral

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