CANDEL THERAPEUTICS INC (CADL) Stock Technical Analysis
NASDAQ:CADL - Nasdaq - US1374041093 - Common Stock - Currency: USD
Taking everything into account, CADL scores 6 out of 10 in our technical rating. In the past year, CADL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CADL has a been trading in the 4.48 - 6.42 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CADL outperforms 46% of them, which is more or less in line with the market.
CADL is part of the Biotechnology industry. There are 557 other stocks in this industry, CADL did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CADL 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
4.39
11.62
When analyzing the support we can see 4 important areas.
- Support @4.89 from a trend line in the weekly time frame.
- Support @4.78 from a trend line in the daily time frame.
- Support @4.54 from a horizontal line in the daily time frame.
- Support @4.43 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @6.05 from a horizontal line in the weekly time frame.
- Resistance @6.16 from a horizontal line 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 | UP | POSITIVE | The short term trend for CADL is up. |
| ChartMill Relative Strength | 46.81 | NEUTRAL | CADL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CADL is above 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) | DOWN | NEGATIVE | The current price of CADL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.86 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CADL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.04 | OVERBOUGHT | The high Stochastics value suggests CADL may be overbought. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for CADL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for CADL 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)
5.81
-0.34 (-5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.53%
1 Week13.92%
2 Weeks15.51%
1 Month6.41%
3 Month16.9%
6 Month-28.97%
12 Month-4.75%
2 Year437.96%
3 Year87.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.98%
ATR Inc36.85%
Range Today0.34
ADR(20)0.33
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.81
Mansfield-1.55
10 Day High6.42
10 Day Low4.73
20 Day High6.42
20 Day Low4.48
52 Week High14.6
52 Week Low3.79
CS1 End4.89
CR1 Start6.05
Volume & EV
DER(3)-1.46%
DER(5)-0.1%
Volume787.30K
Volume Incr35.4%
Vol(5)1.25M
Vol(50)971.93K