Why is TNGX Down Today?

TNGX
$24.76
▼ -3.77% ($-0.93)
Last updated: Nov 12, 2026 7:30 PM ET

About Tango Therapeutics, Inc.

Tango Therapeutics Inc is a biotechnology company. It is dedicated to discovering novel drug targets and delivering the next generation of precision medicine for the treatment of cancer. It is engaged in the business of discovering and developing precision oncology therapies. It is currently develop...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $887.30M
Forward P/E: -6.2
52-Week Range: $7.49 - $34.39
Employees: 155

Overall Confidence: 60%

60% Confident

Based on news, social sentiment, options activity, and sector analysis

SYMPATHY 60% Confidence
🎯 Outperforming sector by 4.4%
This stock is significantly underperforming its PHARMACEUTICAL PREPARATIONS sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: +0.7%

TNGX is outperforming its sector by -4.4%. This suggests a stock-specific catalyst.

Market Comparison

TNGX is significantly underperforming the market (-3.6% vs SPY)
S&P 500
SPY
-0.15%
Nasdaq 100
QQQ
-0.23%
TNGX
This Stock
-3.77%
vs S&P 500: -3.62%
vs Nasdaq: -3.54%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, TNGX is expected to trade between:
$24.02 - $25.26

Key Level to Watch

$23.52 support
Watch for breakdown below $24.76

🔔 Get TNGX Alerts

We'll notify you when TNGX's trend changes or a new signal fires.

Last updated: Nov 12, 2026 7:30 PM (-338 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
0.71
Put/Call Ratio
127.3%
Implied Volatility
Call Volume: 27,355
Put Volume: 19,472
Total: 46,827
Unusual Activity: $25 CALL (2,083 vol) $25 CALL (2,082 vol) $25 CALL (2,081 vol)

Historical Context

TNGX has moved more than 3.0% down on 46 occasions in the past year.

50.0%
Continuation Rate
23/46 times continued down
+1.87%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-10.0%) → Next day: +3.0%

Frequently Asked Questions

Why is TNGX stock down today?

This stock is significantly underperforming its PHARMACEUTICAL PREPARATIONS sector peers, suggesting a stock-specific catalyst.

Is TNGX stock a buy or sell right now?

Based on current analysis, TNGX shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the TNGX stock price target?

TNGX is currently trading at $24.76. Based on today's momentum, the expected short-term range is $24.02 - $25.26. See long-term price prediction →

Will TNGX stock continue falling?

Our analysis shows a 45% probability that TNGX's move continues in the next 1-3 days. Key level to watch: $23.52 (support).

Is TNGX stock oversold or overbought?

TNGX's RSI (Relative Strength Index) is currently at 55.3. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for TNGX stock?

TNGX's 10-day momentum indicator is at 2.43. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is TNGX outperforming or underperforming the market?

TNGX (-3.77%) is currently significantly underperforming the market (-3.6% vs SPY). Today, the S&P 500 (SPY) is down -0.15%, and Nasdaq (QQQ) is down -0.23%.

What does MACD indicate for TNGX?

TNGX's MACD (0.09) is currently above the signal line (-0.2), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 13.0) is weak.

Is TNGX in an uptrend or downtrend?

Based on moving average analysis, TNGX is in a bullish trend. The price ($24.76) is trading above both the 20-day SMA ($23.49) and 50-day SMA ($23.47). This alignment typically indicates sustained upward momentum.

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