CABALETTA BIO INC (CABA) Stock Technical Analysis
NASDAQ:CABA - Nasdaq - US12674W1099 - Common Stock - Currency: USD
Overall CABA gets a technical rating of 3 out of 10. In the past year, CABA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
94% of all other stocks performed better in the past year than CABA.
CABA is one of the lesser performing stocks in the Biotechnology industry. 66% of 561 stocks in the same industry do better.
CABA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CABA is lagging the market.
CABA has an average volume of 1436020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month CABA has a been trading in the 1.11 - 2.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of CABA is bad and it also does not present a 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
1.21
2.06
When analyzing the support we notice one important area.
- Support @1.22 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.77 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.94 from a trend line in the daily time frame.
- A resistance zone ranging from 2.04 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for CABA is up. |
| ChartMill Relative Strength | 6.19 | NEGATIVE | CABA has a low relative strength, it was outperformed by 93.81% 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) | DOWN | MIXED | The current price of CABA is above 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) | 62.07 | NEUTRAL | The RSI value for CABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.46 | NEUTRAL | The Stochastics value for CABA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for CABA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for CABA suggests a strong 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 (5/23/2025, 11:17:55 AM)
1.73
-0.05 (-2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.81%
1 Week-1.66%
2 Weeks47.11%
1 Month40.16%
3 Month-13.59%
6 Month-4.81%
12 Month-83.7%
2 Year-82.36%
3 Year39.06%
5 Year-79.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.1%
ATR Inc-14.19%
Range Today0.06
ADR(20)0.15
ADR(20)%8.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.19
Mansfield-5.66
10 Day High2.16
10 Day Low1.17
20 Day High2.16
20 Day Low1.11
52 Week High13.5
52 Week Low0.99
CS1 End1.77
CR1 Start1.94
Volume & EV
DER(3)0.74%
DER(5)0.01%
Volume320.70K
Volume Incr272.13%
Vol(5)4.59M
Vol(50)1.44M