Decline depth
-31.6%
From rolling 252-day high of $34.39, 64d ago.
Past the 30% Amber threshold.
-31.6%
from rolling 252-day high of $34.39 set 2026-06-17 · 64d ago
Current
$23.52
Decline depth
-31.6%
Decline σ
6.5σ
TFC
1/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$TNGX landed on the list 2026-05-19, down 28.5% from its 52-week high that day — now down -31.6%.
It has clawed back 12.6 percentage points off that level. It bottomed 30.8% below that high along the way.
Decline from the 52-week high as it stood on 2026-05-19 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
TNGX qualifies for the Red List on decline depth.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.5σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (3.62% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about TNGX.
TNGX qualifies for the Red List on decline depth — down -31.6% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 6.5σ over 20 bars.
Earnings on file: 2026-08-11. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about TNGX
What people ask.
Why is TNGX on Broken Stocks?
TNGX qualifies for the Red List on decline depth. It is down -31.6% from its rolling 252-day high of $34.39, set on 2026-06-17 — 64d ago.
Is TNGX a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. TNGX is down -31.6% from its 52-week high of $34.39, set 64d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is TNGX a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is TNGX trading inside its 52-week range?
At $23.52, TNGX sits 61.4% of the way from its 52-week low ($6.25) to its 52-week high ($34.39). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has TNGX been declining?
The current 31.6% decline accrued over 64d, which annualizes to roughly -180.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does TNGX compare to its sector?
There are 143 other Healthcare tickers on Broken Stocks: 69 Red, 35 Amber, 39 Watch, with 50 showing recovering structural signals. Median sector decline is -36.1% — TNGX's decline is shallower than the sector median.
Does TNGX's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-11) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.