Tenax Therapeutics, Inc.

Stage 4 · Declining · week 9

As of Oct 22, 2026, Tenax Therapeutics is in Stage 4, the downtrend phase, now in week 9 (since Aug 20, 2026). It closed at $1.76, 90.4% below its 52-week high and below its 200-day average, which is falling.

Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. More about the company

$1.76

+7.98% today

$65.9M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 32w

S2 21w

S2 35w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S4 2w → S1 4w → S4 9w → S1 5w → S4 32w → S1 13w → S2 21w → S3 13w → S2 6w → S1 4w → S2 35w → S3 7w → S2 4w → S3 1w → S4 9w current

Total tracked: 166 weeks across 15 stage runs.

TENX among Biotechnology444th of 591 by relative strength

All 591 →

Stocks in Biotechnology ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	GTBPGT Biopharma, Inc.	Stage 2 · wk 7	99	−22.3%
2	IOVAIovance Biotherapeutics, Inc.	Stage 2 · wk 18	99	+38.8%
3	SLSSELLAS Life Sciences Group, Inc.	Stage 3 · wk 4	99	−1.5%
4	MRNAModerna, Inc.	Stage 2 · wk 17	99	+11.3%
5	TWSTTwist Bioscience Corporation	Stage 2 · wk 39	99	−14.5%
6	KODKodiak Sciences Inc	Stage 2 · wk 4	99	+172.1%
7	ERASErasca, Inc.	Stage 3 · wk 5	99	+0.7%
8	CLYMClimb Bio, Inc.	Stage 3 · wk 3	99	−15.8%
…444	TENXTenax Therapeutics, Inc.	Stage 4 · wk 9	13	−7.4%

vs 52W High

-90.4%

$1.36 lo$18.32 hi

90.4% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 9

1w13w26w

Week 9, established downtrend

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-83.2%

200 DMA: $10.45 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.68x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-7.4%

-87.9%

-87.4%

YTD

-84.1%

-75.6%

Scan Membership

Breakout Watch

Latest: 2024-11-14

5 appearances in last 60 days. First seen: 2020-02-21.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 9 · Vol 0.68x

2026-10-21S4

Wk 9 · Vol 0.43x

2026-10-20S4

Wk 9 · Vol 0.22x

2026-10-19S4

Wk 9 · Vol 0.38x

2026-10-16S4

Wk 9 · Vol 0.28x

2026-10-15S4

Wk 8 · Vol 0.30x

2026-10-14S4

Wk 8 · Vol 0.29x

2026-10-13S4

Wk 8 · Vol 1.16x

2026-10-12S4

Wk 8 · Vol 0.12x

2026-10-09S4

Wk 8 · Vol 0.35x

2026-10-08S4

Wk 7 · Vol 0.36x

2026-10-07S4

Wk 7 · Vol 0.11x

Moving averages & range

50 DMA

$1.85

200 DMA

$10.45

52W High

$18.32

52W Low

$1.36

5D Low

$1.36

Resistance levels (recent highs)

20d High

$1.98

60d High

$15.10

120d High

$18.32

250d High

$18.32

Next resistance

+12.5%

to 20d High

ROE

-59.8%

Profit margin 0.0%

Dividend Yield

0.00%

P/B 0.8

Tenax Therapeutics: quick answers

What stage is Tenax Therapeutics in?

As of Oct 22, 2026, Tenax Therapeutics (TENX) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 20, 2026 and is in week 9. What the four stages mean

Is Tenax Therapeutics in an uptrend?

No. Tenax Therapeutics is in a Stage 4 downtrend. It trades 83.2% below its 200-day average, which is falling.

How far is Tenax Therapeutics from its 52-week high?

Tenax Therapeutics closed at $1.76 on Oct 22, 2026, 90.4% below its 52-week high of $18.32. Its 52-week low is $1.36.

How has Tenax Therapeutics performed over the past year?

As of Oct 22, 2026, Tenax Therapeutics is down 75.6% over the past year and down 84.1% so far in 2026.

Which sector and industry is Tenax Therapeutics in?

Tenax Therapeutics is in the Biotechnology industry, part of the Health Care sector.

About this companyHealth Care· Biotechnology

Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. It develops TNX-101, TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension in heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of chronic myeloid leukemia. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Chapel Hill, North Carolina.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.