TEMPEST THERAPEUTICS INC (TPST) Technical Analysis
NASDAQ:TPST • US87978U2078
Current stock price
TPST Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TPST. TPST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TPST is a bad performer in the overall market: 97% of all stocks are doing better.
- TPST is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 84% are performing better than TPST.
- TPST is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TPST is lagging the market.
- In the last month TPST has a been trading in the 1.56 - 2.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TPST Weekly and Daily overview Charts
TPST Setup Rating and Analysis
The technical rating of TPST is bad and it also does not present a 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
TPST Support and Resistance Analysis
1.71
We can see 2 important resistance areas.
- Resistance @1.85 from a trend line in the daily time frame.
- Resistance @2.19 from a trend line in the daily time frame.
TPST Technical Indicator Signal Analysis
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 | 3.23 | NEGATIVE | TPST has a low relative strength, it was outperformed by 96.77% 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) | 29.96 | OVERSOLD | The low RSI value suggests TPST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TPST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.27 | OVERSOLD | The low Stochastics value suggests TPST may be oversold. |
| Average True Range in percent/ATR (20) | 9.34 | HIGH VOLATILITY | The high ATR as a percentage value for TPST suggests high volalility. |
| Average Directional Index/ADX (14) | 35.58 | POSITIVE | The high ADX value value for TPST suggests a strong trend. |
TPST Chart- and CandleStick Pattern Analysis
TPST Technicals: Chart, Performance Metrics, Trend & Indicators
1.73
+0.07 (+4.22%)
TEMPEST THERAPEUTICS INC / TPST TA FAQ
What is the technical rating for TPST stock?
ChartMill assigns a technical rating of 0 / 10 to TPST.
What is the current trend direction of TEMPEST THERAPEUTICS INC (TPST) stock?
The current trend direction for TEMPEST THERAPEUTICS INC (TPST) is Bearish.
Can you provide the RSI signal for TEMPEST THERAPEUTICS INC?
TEMPEST THERAPEUTICS INC (TPST) has an RSI value of 29.9636. This indicates that the stock is currently oversold.
Can you provide the MACD signal for TEMPEST THERAPEUTICS INC?
The MACD indicator for TEMPEST THERAPEUTICS INC (TPST) has a value of -0.0496461, indicating a bearish trend.
What is the short term momentum for TEMPEST THERAPEUTICS INC (TPST) stock?
The short term momentum for TEMPEST THERAPEUTICS INC (TPST) is negative.