USA - NASDAQ:CABA - US12674W1099 - Common Stock
Taking everything into account, CABA scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CABA is showing a nice and steady performance.
CABA has an excellent technical rating, but the quality of the setup is 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.
1.52
We found 3 important support areas.
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 | UP | POSITIVE | The long term trend for CABA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CABA is neutral. |
| ChartMill Relative Strength | 85.88 | POSITIVE | CABA has a high relative strength, it outperformed 85.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CABA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CABA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CABA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.03 | NEUTRAL | The RSI value for CABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CABA has a negative trend. |
| Stochastics (14,3) | 31.55 | NEUTRAL | The Stochastics value for CABA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.86 | HIGH VOLATILITY | The high ATR as a percentage value for CABA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.13 | POSITIVE | The high ADX value value for CABA suggests a strong trend. |
2.61
-0.09 (-3.33%)
ChartMill assigns a technical rating of 8 / 10 to CABA.
The current trend direction for CABALETTA BIO INC (CABA) is Bullish.
CABALETTA BIO INC (CABA) has an RSI value of 50.0282. This indicates that the stock is currently neutral.
CABALETTA BIO INC (CABA) has a support level at 2.4. Check the full technical report for our detailed analysis of CABA support and resistance levels.