TEMPEST THERAPEUTICS INC (TPST) Stock Technical Analysis
NASDAQ:TPST - US87978U2078 - Common Stock
10.99 USD
+0.96 (+9.57%)
11.08 USD
+0.09 (+0.82%)
We assign a technical rating of 7 out of 10 to TPST. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TPST is a bad performer.
66% of all other stocks performed better in the past year than TPST.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TPST has a been trading in the 6.96 - 11.38 range, which is quite wide. It is currently trading near the high of this range.
TPST is part of the Biotechnology industry. There are 542 other stocks in this industry, TPST did better than 57% of them.
TPST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TPST is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TPST has an excellent technical rating, it does not offer a high quality setup 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
6.44
11.23
When analyzing the support we can see 5 important areas.
- Support @10.89 from a trend line in the daily time frame.
- A support zone ranging from 9.77 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.45 from a trend line in the daily time frame.
- Support @6.64 from a trend line in the weekly time frame.
- Support @6.51 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.00 to 11.12. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for TPST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPST is up. |
| ChartMill Relative Strength | 34.39 | NEUTRAL | TPST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TPST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.46 | NEUTRAL | The RSI value for TPST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TPST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.85 | NEUTRAL | The Stochastics value for TPST is a neutral value. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for TPST suggests high volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for TPST suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.99
+0.96 (+9.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.57%
1 Week11.57%
2 Weeks17.54%
1 Month56.33%
3 Month33.28%
6 Month1.15%
12 Month-31.82%
2 Year177.45%
3 Year-51.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%7.42%
ATR Inc9.57%
Range Today1.05
ADR(20)0.77
ADR(20)%6.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.39
Mansfield-0.4
10 Day High11.38
10 Day Low9.35
20 Day High11.38
20 Day Low6.96
52 Week High20.67
52 Week Low5.33
CS1 End10.89
CR1 Start11
Volume & EV
DER(3)-3.77%
DER(5)2.42%
Volume89.40K
Volume Incr-45.75%
Vol(5)46.22K
Vol(50)83.15K