CANDEL THERAPEUTICS INC (CADL) Technical Analysis
NASDAQ:CADL • US1374041093
Current stock price
CADL Technical Rating and Analysis
Taking everything into account, CADL scores 0 out of 10 in our technical rating. CADL'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CADL is a bad performer in the overall market: 76% of all stocks are doing better.
- CADL is one of the lesser performing stocks in the Biotechnology industry. 62% of 516 stocks in the same industry do better.
- CADL 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 CADL has a been trading in the 4.44 - 5.22 range, which is quite wide. It is currently trading near the high of this range.
- CADL has an average volume of 1263630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CADL Weekly and Daily overview Charts
CADL Setup Rating and Analysis
Although the technical rating is bad, CADL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.98, a Stop Loss order could be placed below this zone.
More info and screens
CADL Support and Resistance Analysis
4.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.92 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.73 from a trend line in the weekly time frame.
- A support zone ranging from 4.54 to 4.57. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 4.41 to 4.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.15 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.08 to 6.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.40 from a horizontal line in the daily time frame.
CADL Technical Indicator Signal Analysis
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 CADL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CADL is neutral. |
| ChartMill Relative Strength | 24.27 | NEGATIVE | CADL has a low relative strength, it was outperformed by 75.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CADL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CADL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CADL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.78 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CADL has a positive trend. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for CADL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CADL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for CADL suggests a weak or negative trend. |
CADL Chart- and CandleStick Pattern Analysis
CADL Technicals: Chart, Performance Metrics, Trend & Indicators
5.15
+0.05 (+0.98%)
CANDEL THERAPEUTICS INC / CADL TA FAQ
Can you provide the ChartMill technical rating for CANDEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to CADL.
What is the current trend direction of CANDEL THERAPEUTICS INC (CADL) stock?
The current trend direction for CANDEL THERAPEUTICS INC (CADL) is Bearish.
Can you provide the RSI signal for CANDEL THERAPEUTICS INC?
CANDEL THERAPEUTICS INC (CADL) has an RSI value of 54.7817. This indicates that the stock is currently neutral.
What is the short term momentum for CANDEL THERAPEUTICS INC (CADL) stock?
The short term momentum for CANDEL THERAPEUTICS INC (CADL) is neutral.