CANDEL THERAPEUTICS INC (CADL) Stock Technical Analysis
USA - NASDAQ:CADL - US1374041093 - Common Stock
6.19 USD
-0.36 (-5.5%)
6.13 USD
-0.06 (-0.97%)
Overall CADL gets a technical rating of 5 out of 10. CADL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 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.
In the last month CADL has a been trading in the 4.60 - 6.64 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, CADL outperforms 60% of them, which is more or less in line with the market.
CADL is an average performer in the Biotechnology industry, it outperforms 53% of 536 stocks in the same industry.
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
4.62
11.62
We found 5 important support areas.
- A support zone ranging from 5.59 to 5.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.31 from a trend line in the daily time frame.
- A support zone ranging from 4.86 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.75 from a horizontal line in the weekly time frame.
- Support @4.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.03 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 60.11 | 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) | DOWN | MIXED | The current price of CADL is above a declining 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) | 60.66 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CADL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.89 | OVERBOUGHT | The high Stochastics value suggests CADL may be overbought. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for CADL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for CADL suggests a possible start of a new 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)
6.19
-0.36 (-5.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.5%
1 Week11.33%
2 Weeks11.73%
1 Month29.23%
3 Month6.54%
6 Month24.55%
12 Month2.82%
2 Year587.85%
3 Year219.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%5.53%
ATR Inc11.05%
Range Today0.5
ADR(20)0.34
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.11
Mansfield-0.93
10 Day High6.64
10 Day Low5.03
20 Day High6.64
20 Day Low4.6
52 Week High14.6
52 Week Low3.79
CS1 End5.71
CR1 Start7.03
Volume & EV
DER(3)1.1%
DER(5)1.29%
Volume942.00K
Volume Incr34.7%
Vol(5)995.88K
Vol(50)735.66K