TUSIMPLE HOLDINGS INC - A (TSP) Technical Analysis
NASDAQ:TSP • US90089L1089
Current stock price
TSP Technical Rating and Analysis
Taking everything into account, TSP scores 0 out of 10 in our technical rating. TSP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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. 90% of 42 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 Weekly and Daily overview Charts
TSP Setup Rating and Analysis
TSP has a poor technical rating and the quality of the setup is also only medium 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
TSP Support and Resistance Analysis
TSP 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 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. |
TSP Chart- and CandleStick Pattern Analysis
TSP Technicals: Chart, Performance Metrics, Trend & Indicators
0.25
-0.02 (-5.66%)
TUSIMPLE HOLDINGS INC - A / TSP TA FAQ
What is the ChartMill technical rating of TUSIMPLE HOLDINGS INC - A (TSP) stock?
ChartMill assigns a technical rating of 0 / 10 to TSP.
Can you provide the trend direction for TUSIMPLE HOLDINGS INC - A?
The current trend direction for TUSIMPLE HOLDINGS INC - A (TSP) is Bearish.
What is the RSI signal for TSP stock?
TUSIMPLE HOLDINGS INC - A (TSP) has an RSI value of 29.5982. This indicates that the stock is currently oversold.
What is the MACD signal for TSP stock?
The MACD indicator for TUSIMPLE HOLDINGS INC - A (TSP) has a value of -0.00276333, indicating a bearish trend.
Can you provide the short term momentum for TUSIMPLE HOLDINGS INC - A?
The short term momentum for TUSIMPLE HOLDINGS INC - A (TSP) is negative.