Tempus AI Continues Slide After $104 Peak RejectionTempus AI, Inc. Class ABATS:TEMDEXWireNewsTEM trades at ~$45.44 (down -0.55% intraday on 1H chart) with volume of 41.4K shares. The stock enjoyed a strong rally from summer 2025 lows, peaking near $104.31 in October/November 2025, before entering a prolonged and steep downtrend that has now lasted several months. Key observations: - Clear bearish structure since the late 2025 high, forming a series of lower highs and lower lows. - Recent price action has remained weak, trading in a descending channel with limited buying interest on rallies. - Price is currently trading below all major moving averages, confirming the dominant downtrend. Analytical buyer outlook: - Upside trigger: Break and hold above $48–$49.59 on strong volume — targets $51–$55 as first meaningful resistance. - Support to defend: $45.32 (recent low); a break below $45 would likely open the door to $42–$43 or lower. - Long-term tailwinds from AI-driven healthcare data analytics and precision medicine remain intact, but near-term momentum is clearly bearish. Verdict: Downtrend remains firmly in control. Sellers are dominant, and buyers have yet to show enough conviction for a sustainable reversal. Cautious bias — only constructive above $49.59 with volume confirmation. Risk of further weakness persists until the descending channel is broken.