Taking everything into account, CABA scores 6 out of 10 in our technical rating. CABA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 79% of all other stocks performed better in the past year than CABA.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CABA has an average volume of 2889060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CABA is an average performer in the Biotechnology industry, it outperforms 47% of 524 stocks in the same industry.
- CABA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CABA is lagging the market.
- In the last month CABA has a been trading in the 2.00 - 3.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CABA has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
1.63
5 important support areas can be observed.
- Support @2.20 from a trend line in the weekly time frame.
- Support @2.16 from a trend line in the daily time frame.
- A support zone ranging from 2.08 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a trend line in the weekly time frame.
- Support @1.65 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.56 to 2.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.14 from a trend line in the daily time frame.
- Resistance @3.30 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CABA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CABA is up. |
| ChartMill Relative Strength | 21.65 | NEGATIVE | CABA has a low relative strength, it was outperformed by 78.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CABA is above 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) | 52.25 | NEUTRAL | The RSI value for CABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.56 | NEUTRAL | The Stochastics value for CABA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for CABA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.12 | POSITIVE | The high ADX value value for CABA suggests a strong trend. |
NASDAQ:CABA (2/2/2026, 12:37:56 PM)
2.51
-0.06 (-2.33%)
CABALETTA BIO INC / CABA FAQ
What is the ChartMill technical rating of CABALETTA BIO INC (CABA) stock?
ChartMill assigns a technical rating of 6 / 10 to CABA.
What is the current trend direction of CABALETTA BIO INC (CABA) stock?
The current trend direction for CABALETTA BIO INC (CABA) is Bearish.
What is the RSI signal for CABALETTA BIO INC (CABA) stock?
CABALETTA BIO INC (CABA) has an RSI value of 52.2508. This indicates that the stock is currently neutral.
What is the MACD signal for CABA stock?
The MACD indicator for CABALETTA BIO INC (CABA) has a value of 0.0455849, indicating a bearish trend.