Schwab Network

Technical Tuesday: SPX, TMDX, TEM


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Kevin Horner’s Technical Tuesday covers the S&P 500 (SPX), TransMedics (TMDX) and Tempus A.I. (TEM). He points out a “banner of resistance” on the SPX, coincident with an uptrend line. On TransMedics, he sees price trying to push past $146 and says that if it closes above there, it could be a bullish signal for the stock. Tempus A.I. is moving off a “zone of horizontal support” around the point of control, but Kevin says it might “need a breather” before heading upward.


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