Should I Buy Tango Therapeutics Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. TNGX has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
TNGX stock price ended at $1.5 on Friday, after losing -1.32%
The Tango Therapeutics Inc stock price decreased by -1.32% on the last trading day (16 May 2025), dropping from 1.53 to 1.5. Throughout the last trading session, the stock experienced a fluctuation of 10.00% , ranging from a day low of $1.4 to a day high of 1.54. The price has declined in 6 of the last 10 days, resulting in a total change of -0.66% during this period. On the last day, trading volume increase by 278.18K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 1.08M shares were traded, amounting to approximately 1.55M.
TNGX Technical Signals
TNGX(Tango Therapeutics Inc Corp) has 4 buy signals and 3 sell signals now. The current trend is downtrend starting from 2025-03-06. The total price change during this trend is -31.25%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of TNGX over the last 5 trading days is 989.60K. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
TNGX Moving Average Analysis
Tango Therapeutics Inc's overall moving average trend leans more bearish as of Saturday, May 17, 2025, with 3 negative signals and 1 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $1.6250633333333333, and $1.8275233333333334. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $0.9699833333333334, and $0.7675233333333333. A break-down below any of these levels will issue sell signals.
TNGX Short Selling Analysis
The short sale ratio of Tango Therapeutics Inc(TNGX) as of 12 May 2025 is 35.28%, dropping from last trading day. With decreasing price from 1.14 to 1.31. The short sell activity indicate that short sellers may be experiencing short cover.
Technical Signal
Technical Signals Summary
Sell
3
Buy
4
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
NegativeSMA_5 Below SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
4 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
0.0407
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
Moving Average
Price crosses above 20-day SMA
--
Bullish
Moving Average
5-day SMA crosses above 10-day SMA
--
Bullish
3 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.0571
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.0562
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
87.25
Bearish
TNGX Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Tango Therapeutics Inc(TNGX), our algorithm predicts TNGX's 1-month price at $1.59, with an 5.41%upwardshift. Using a similarity score up to 94.62%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Tango Therapeutics Inc (TNGX.O) stock, as of Sunday, May 4, 2025 , forecasts a 5.41% change over the next month, based on its high correlation with VLRS.N stock patterns. The similarity between their price movements over the analyzed periods is 94.62%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
TNGX
No Data
VLRS
Up: 5.41%Similarity: 94.62%
Name
Similarity
Up/Down
VLRS.N
94.62%
+5.41%
NREF.N
94.32%
+25.58%
CXW.N
93.87%
+12.27%
FFIN.O
93.73%
+5.27%
CLLS.O
93.38%
+16.18%
NFG.N
93.37%
-2.59%
FEIM.O
93.33%
-0.52%
FANG.O
93.23%
-10.63%
VYX.N
93.15%
+1.26%
BATRA.O
93.08%
+9.36%
TNGX Seasonality Analysis
Based on TNGX's historical stock price data across all years, the probability of a positive return in May is20.00%, suggesting it maynotbe an ideal month to invest in TNGX. In contrast,Augustoffers the highest probability of positive returns at100.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Tango Therapeutics Inc (TNGX.O) stock in August has the highest probability of a positive return (100.00%), while March has the lowest probability (0.00%).
Performance Seasonality
The chart shows Tango Therapeutics Inc. (TNGX)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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