CANDEL THERAPEUTICS INC (CADL) Technical Analysis
NASDAQ:CADL • US1374041093
Overall CADL gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than CADL.
- CADL is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 72% are performing better than CADL.
- CADL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CADL is lagging the market.
- CADL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CADL has an average volume of 1061860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CADL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.37
When analyzing the support we can see 2 important areas.
- 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.
- Support @4.41 from a horizontal line in the daily time frame.
We can see 9 important resistance areas.
- Resistance @4.78 from a trend line in the weekly time frame.
- Resistance @4.88 from a trend line in the daily time frame.
- Resistance @5.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.23 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.51 to 5.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.20 to 6.21. 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.
- Resistance @6.55 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 | DOWN | NEGATIVE | The long term trend for CADL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CADL is down. |
| ChartMill Relative Strength | 10.27 | NEGATIVE | CADL has a low relative strength, it was outperformed by 89.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CADL is below 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) | DOWN | NEGATIVE | The current price of CADL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.43 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CADL has a positive trend. |
| Stochastics (14,3) | 40.57 | NEUTRAL | The Stochastics value for CADL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for CADL suggests high volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for CADL suggests a weak or negative trend. |
CADL Technicals: Chart, Performance Metrics, Trend & Indicators
4.67
-0.31 (-6.22%)
CANDEL THERAPEUTICS INC / CADL FAQ
Can you provide the ChartMill technical rating for CANDEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 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 41.4302. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CANDEL THERAPEUTICS INC?
The buy/sell signal for CANDEL THERAPEUTICS INC (CADL) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CANDEL THERAPEUTICS INC?
CANDEL THERAPEUTICS INC (CADL) has a support level at 4.88 and a resistance level at 5.14. Check the full technical report for our detailed analysis of CADL support and resistance levels.