We assign a technical rating of 7 out of 10 to TEM. Although TEM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, TEM did better than 90% of all other stocks. On top of that, TEM also shows a nice and consistent pattern of rising prices.
- TEM is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 89% of 57 stocks in the same industry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TEM has an average volume of 4965380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEM is lagging the market.
- In the last month TEM has a been trading in the 58.80 - 76.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TEM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
59.75
3 important support areas can be observed.
- A support zone ranging from 65.56 to 66.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @62.36 from a horizontal line in the weekly time frame.
- Support @60.35 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.34 to 70.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TEM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEM is up. |
| ChartMill Relative Strength | 90.35 | POSITIVE | TEM has a high relative strength, it outperformed 90.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TEM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for TEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests TEM has a positive trend. |
| Stochastics (14,3) | 61.1 | NEUTRAL | The Stochastics value for TEM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for TEM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for TEM suggests a possible start of a new trend. |
70.33
+1.41 (+2.05%)
TEMPUS AI INC / TEM FAQ
What is the technical rating for TEM stock?
ChartMill assigns a technical rating of 7 / 10 to TEM.
Can you provide the trend direction for TEMPUS AI INC?
The current trend direction for TEMPUS AI INC (TEM) is Bearish.
What is the RSI signal for TEM stock?
TEMPUS AI INC (TEM) has an RSI value of 54.3974. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TEMPUS AI INC?
The MACD indicator for TEMPUS AI INC (TEM) has a value of 1.00487, indicating a bullish trend.
Can you provide the support and resistance levels for TEMPUS AI INC?
TEMPUS AI INC (TEM) has a support level at 66.27 and a resistance level at 70.34. Check the full technical report for our detailed analysis of TEM support and resistance levels.