Overall TPST gets a technical rating of 0 out of 10. TPST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TPST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.11. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TPST in the last couple of days, which is a good sign.
3.05
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for TPST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPST is down. |
| ChartMill Relative Strength | 2.05 | NEGATIVE | TPST has a low relative strength, it was outperformed by 97.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.31 | OVERSOLD | The low RSI value suggests TPST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests TPST has a positive trend. |
| Stochastics (14,3) | 33.39 | NEUTRAL | The Stochastics value for TPST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for TPST suggests high volalility. |
| Average Directional Index/ADX (14) | 48.84 | POSITIVE | The high ADX value value for TPST suggests a strong trend. |
3.08
+0.04 (+1.32%)
ChartMill assigns a technical rating of 0 / 10 to TPST.
The current trend direction for TEMPEST THERAPEUTICS INC (TPST) is Bearish.
TEMPEST THERAPEUTICS INC (TPST) has an RSI value of 29.3118. This indicates that the stock is currently oversold.
The short term momentum for TEMPEST THERAPEUTICS INC (TPST) is negative.
TEMPEST THERAPEUTICS INC (TPST) has a resistance level at 3.11. Check the full technical report for our detailed analysis of TPST support and resistance levels.