TUSIMPLE HOLDINGS INC - A (TSP) Stock Technical Analysis
NASDAQ:TSP - Nasdaq - US90089L1089 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TSP. TSP'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.
100% of all other stocks performed better in the past year than TSP.
TSP is one of the lesser performing stocks in the Ground Transportation industry. 92% of 39 stocks in the same industry do better.
TSP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TSP is lagging the market.
In the last month TSP has a been trading in the 0.22 - 0.81 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.
TSP has an average volume of 4208460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSP has a poor technical rating and the quality of the setup is also not perfect 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
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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 TSP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSP is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | TSP has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.6 | OVERSOLD | The low RSI value suggests TSP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TSP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.63 | OVERSOLD | The low Stochastics value suggests TSP may be oversold. |
| Average True Range in percent/ATR (20) | 38.37 | HIGH VOLATILITY | The high ATR as a percentage value for TSP suggests high volalility. |
| Average Directional Index/ADX (14) | 33.04 | POSITIVE | The high ADX value value for TSP 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)
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-0.02 (-5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-5.66%
1 Week-13.76%
2 Weeks-32.63%
1 Month-69.65%
3 Month-74.87%
6 Month-86.19%
12 Month-88.64%
2 Year-98.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%38.37%
ATR Inc-58.38%
Range Today0.05
ADR(20)0.08
ADR(20)%31.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.72
Mansfield-8.4
10 Day High0.43
10 Day Low0.22
20 Day High0.81
20 Day Low0.22
52 Week High2.68
52 Week Low0.22
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.41%
DER(5)-1.5%
Volume6.69M
Volume Incr231.84%
Vol(5)16.04M
Vol(50)4.21M