What the company does
Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and outcomes. The company is headquartered in Los Gatos, California.
What the weekly tape is saying
TNON closed the latest completed week at 0.62 USD. The 4-week return is -12.7% and the 12-week return is -23.1%. Trend Signal is inactive, Market Dynamics is -0.26. Setup signature: Risk-first tape with a 13/100 composite read.
A compressed read of the whole setup
The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.
Scoreboard
16-week signal tape
Price, Trend Line, and Fair Value
Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.
52-week price path
Price map
- Trend Line
- 0.85 USD
- Vs Trend Line
- -27.5%
- Fair Value
- 5.65 USD
- Vs Fair Value
- -89.1%
- 52W High
- 2.48 USD
- 52W Low
- 0.58 USD
- Drawdown
- -75.1%
- Range Position
- 1.9%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 0 weeks
- 52W Active Weeks
- 5
- 52W Active Breadth
- 9.6%
- Sector Scope
- US Healthcare
- Sector Rank
- 407 of 1032
- Sector Percentile
- 60.6%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
US Healthcare
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- 0.8%
- Avg 4W
- 3.5%
- Trend Breadth
- 33.0%
- Positive MD
- 41.0%
US Medical Devices
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- 0.2%
- Avg 4W
- 6.0%
- Trend Breadth
- 25.0%
- Positive RS
- 19.0%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Signal state
- Market Dynamics
- -0.26
- 4W MD Change
- -162.3%
- Relative Strength
- -48.18
- 4W RS Change
- -13.6%
- Expectation
- Negative
- Probability
- 38.06%
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 540.1K
- 13W Average
- 573.7K
- 52W Average
- 7.3M
- Vs 13W
- 0.9x
- Vs 52W
- 0.1x
Volatility, downside weeks, and return shape
A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.
26-week return distribution
Risk map
- 13W Volatility
- 5.8%
- 52W Volatility
- 8.6%
- Upside Weeks
- 26
- Downside Weeks
- 24
- Downside Breadth
- 46.2%
- Avg Gain / Loss
- 5.6% / -6.7%
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- NASDAQ
- Country
- US
- Sector
- Healthcare
- Industry
- Medical Devices
- Currency
- USD
- Market Cap
- 8.0M
Opportunity signals
- No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics.
Risk signals
- Trend Signal is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Market Dynamics is negative, which weakens the current setup.
- The share remains more than 20% below its 52-week high.
Watch next
- Trend Line remains the key weekly regime level.
- Market Dynamics is the pressure gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 0.62 USD | 2.2% | 0.85 USD | 5.65 USD | -0.26 | -48.18 | 540.1K | Off |
| 5 Jun 2026 | 0.60 USD | -12.5% | 0.87 USD | 5.80 USD | -0.04 | -48.59 | 533.5K | Off |
| 29 May 2026 | 0.69 USD | -3.8% | 0.89 USD | 6.21 USD | 0.25 | -44.56 | 248.1K | Off |
| 22 May 2026 | 0.72 USD | 1.5% | 0.91 USD | 6.75 USD | 0.38 | -41.47 | 217.9K | Off |
| 15 May 2026 | 0.71 USD | -3.2% | 0.92 USD | 7.33 USD | 0.41 | -42.40 | 678.6K | Off |
| 8 May 2026 | 0.73 USD | -6.6% | 0.94 USD | 8.22 USD | 0.40 | -41.41 | 328.6K | Off |
| 1 May 2026 | 0.78 USD | -2.8% | 0.95 USD | 9.12 USD | 0.32 | -34.75 | 221.6K | Off |
| 24 Apr 2026 | 0.81 USD | 0.4% | 0.97 USD | 10.05 USD | 0.09 | -32.71 | 241.0K | Off |
| 17 Apr 2026 | 0.80 USD | 4.2% | 0.98 USD | 10.99 USD | -0.18 | -32.37 | 933.1K | Off |
| 10 Apr 2026 | 0.77 USD | 7.5% | 1.00 USD | 11.94 USD | -0.35 | -32.00 | 360.9K | Off |
| 2 Apr 2026 | 0.72 USD | 2.2% | 1.01 USD | 12.78 USD | -0.45 | -34.75 | 272.8K | Off |
| 27 Mar 2026 | 0.70 USD | -12.8% | 1.03 USD | 13.62 USD | -0.51 | -34.72 | 451.4K | Off |
| 20 Mar 2026 | 0.80 USD | -0.1% | 1.04 USD | 14.53 USD | -0.40 | -30.41 | 2.4M | Off |
| 13 Mar 2026 | 0.80 USD | 5.1% | 1.07 USD | 15.49 USD | -0.50 | -32.20 | 435.0K | Off |