CABALETTA BIO INC (CABA) Stock Technical Analysis
NASDAQ:CABA - Nasdaq - US12674W1099 - Common Stock - Currency: USD
Taking everything into account, CABA scores 1 out of 10 in our technical rating. CABA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than CABA.
CABA is part of the Biotechnology industry. There are 553 other stocks in this industry, of which 66% are performing better than CABA.
CABA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CABA has a been trading in the 1.43 - 1.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CABA has an average volume of 2283110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CABA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.47
2.05
When analyzing the support we can see 2 important areas.
- Support @1.56 from a horizontal line in the weekly time frame.
- Support @1.48 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.69 from a horizontal line in the daily time frame.
- Resistance @1.89 from a trend line in the weekly time frame.
- Resistance @1.94 from a trend line in the daily time frame.
- Resistance @2.03 from a trend line in the daily time frame.
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 CABA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CABA is neutral. |
| ChartMill Relative Strength | 6.57 | NEGATIVE | CABA has a low relative strength, it was outperformed by 93.43% 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) | DOWN | NEGATIVE | The current price of CABA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CABA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.15 | NEUTRAL | The RSI value for CABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.04 | NEUTRAL | The Stochastics value for CABA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for CABA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for CABA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:CABA (7/30/2025, 10:57:46 AM)
1.62
+0.05 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.18%
1 Week-0.63%
2 Weeks-3.68%
1 Month3.29%
3 Month17.16%
6 Month-34.31%
12 Month-76.6%
2 Year-88.47%
3 Year33.05%
5 Year-86.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.75%
ATR Inc11.86%
Range Today0.06
ADR(20)0.1
ADR(20)%6.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.57
Mansfield-4.67
10 Day High1.74
10 Day Low1.56
20 Day High1.78
20 Day Low1.43
52 Week High6.73
52 Week Low0.99
CS1 End1.56
CR1 Start1.69
Volume & EV
DER(3)-2.53%
DER(5)-3.39%
Volume267.79K
Volume Incr-48.93%
Vol(5)938.28K
Vol(50)2.28M