Eben@CANSLIM ResearchTEM is trading at 59.01 and holding above a rising 30-week moving average, keeping its Stage 2 advancing structure intact. The market focus is on a deep 59.8 percent base that has stretched 47 weeks and is flagged as faulty, with the stock still 42.8 percent below its 52-week high and failing most trend template checks. Sentiment is neutral, with the setup warranting a wait-and-see stance until price can confirm strength above the 103.25 pivot.
Technical Analysis
As of 2026-09-11 · Close $59.01
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 0.65%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 59.8%, length 47 weeks, pivot $103.25. Base formed from 2025-10-08 (left-side high) to 2026-09-11, with the low of $41.55 set on 2026-07-29
- Power Play candidate (strong momentum, watching for a tight flag to form)
⚠️ Faulty cup warning: the base is 59.8% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
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