Taking everything into account, CADL scores 5 out of 10 in our technical rating. CADL 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.
- When comparing the yearly performance of all stocks, CADL is a bad performer in the overall market: 78% of all stocks are doing 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CADL is part of the Biotechnology industry. There are 524 other stocks in this industry, CADL did better than 46% of them.
- In the last month CADL has a been trading in the 5.24 - 6.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CADL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.82, a Stop Loss order could be placed below this zone.
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4.49
We found 4 important support areas.
- A support zone ranging from 5.68 to 5.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.28 from a horizontal line in the daily time frame.
- Support @4.71 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 multiple time frames.
4 important resistance areas can be observed.
- Resistance @6.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.33 to 6.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.55 to 6.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.50 from a horizontal 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 CADL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CADL is neutral. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | CADL has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CADL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CADL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CADL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.15 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CADL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.18 | NEUTRAL | The Stochastics value for CADL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for CADL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.53 | NEUTRAL | The ADX value for CADL suggests a possible start of a new trend. |
5.83
+0.54 (+10.21%)
CANDEL THERAPEUTICS INC / CADL FAQ
Can you provide the ChartMill technical rating for CANDEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 5 / 10 to CADL.
Can you provide the trend direction for CANDEL THERAPEUTICS INC?
The current trend direction for CANDEL THERAPEUTICS INC (CADL) is Bearish.
What is the RSI signal for CADL stock?
CANDEL THERAPEUTICS INC (CADL) has an RSI value of 50.1482. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CANDEL THERAPEUTICS INC?
CANDEL THERAPEUTICS INC (CADL) has a support level at 5.82 and a resistance level at 6.07. Check the full technical report for our detailed analysis of CADL support and resistance levels.