Why is TYRA Down Today?

TYRA
$20.35
▼ -3.17% ($-0.64)
Last updated: Oct 02, 2026 8:35 PM ET (998 min ago)

About Tyra Biosciences, Inc. Common Stock

Tyra Biosciences Inc is a clinical-stage biotechnology company focused on developing next-generation precision medicines that target large opportunities in Fibroblast Growth Factor Receptor (FGFR) biology. The company's in-house precision medicine platform, SNAP, enables rapid and precise drug desig...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $715.25M
Forward P/E: -7.2
52-Week Range: $12.98 - $40.65
Employees: 60

Overall Confidence: 70%

70% Confident

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

OPTIONS 75% Confidence
🎯 Unusual PUT buying detected
Options traders are heavily buying puts on TYRA, with 76% of volume in puts. This suggests bearish institutional positioning.
SECTOR 65% Confidence
PHARMACEUTICAL PREPARATIONS sector moving together
This appears to be a sector-wide move. The PHARMACEUTICAL PREPARATIONS sector is down 1.6% on average.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

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

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: -1.6%

This appears to be a sector-wide move. Most PHARMACEUTICAL PREPARATIONS stocks are moving in the same direction.

Market Comparison

TYRA is significantly underperforming the market (-3.9% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
TYRA
This Stock
-3.17%
vs S&P 500: -3.91%
vs Nasdaq: -4.19%

📊 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, TYRA is expected to trade between:
$19.73 - $20.75

Key Level to Watch

$19.33 support
Watch for breakdown below $20.34

🔔 Get TYRA Alerts

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

Last updated: Oct 02, 2026 8:35 PM (998 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
0.74
Put/Call Ratio
234.5%
Implied Volatility
Call Volume: 36,898
Put Volume: 27,328
Total: 64,226
Unusual Activity: $22.5 PUT (3,518 vol) $22.5 PUT (3,020 vol) $30 CALL (2,763 vol)

Historical Context

TYRA has moved more than 3.0% down on 41 occasions in the past year.

39.0%
Continuation Rate
16/41 times continued down
+0.53%
Avg Next Day Change
After similar down moves
Last similar move: Oct 01, 2026 (-3.9%) → Next day: -3.2%

Frequently Asked Questions

Why is TYRA stock down today?

Options traders are heavily buying puts on TYRA, with 76% of volume in puts. This suggests bearish institutional positioning.

Is TYRA stock a buy or sell right now?

Based on current analysis, TYRA shows 70% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the TYRA stock price target?

TYRA is currently trading at $20.35. Based on today's momentum, the expected short-term range is $19.73 - $20.75. See long-term price prediction →

Will TYRA stock continue falling?

Our analysis shows a 45% probability that TYRA's move continues in the next 1-3 days. Key level to watch: $19.33 (support).

Is TYRA stock oversold or overbought?

TYRA's RSI (Relative Strength Index) is currently at 35.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for TYRA stock?

TYRA's 10-day momentum indicator is at -5.3. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is TYRA outperforming or underperforming the market?

TYRA (-3.17%) is currently significantly underperforming the market (-3.9% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for TYRA?

TYRA's MACD (-1.37) is currently below the signal line (-1.11), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 17.6) is weak.

Is TYRA in an uptrend or downtrend?

Based on moving average analysis, TYRA is in a bearish trend. The price ($20.35) is trading below both the 20-day SMA ($23.67) and 50-day SMA ($25.88). This alignment typically indicates sustained downward pressure.

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