Taking everything into account, CADL scores 4 out of 10 in our technical rating. In the past year, CADL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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
4.35
We found 3 important support areas.
- A support zone ranging from 5.49 to 5.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.51 to 4.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.39 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.36 to 6.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 21.69 | NEGATIVE | CADL has a low relative strength, it was outperformed by 78.31% off all stocks 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) | 53.81 | NEUTRAL | The RSI value for CADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CADL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.63 | NEUTRAL | The Stochastics value for CADL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for CADL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.3 | POSITIVE | The high ADX value value for CADL suggests a strong trend. |
5.54
+0.04 (+0.73%)
CANDEL THERAPEUTICS INC / CADL FAQ
Can you provide the ChartMill technical rating for CANDEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 4 / 10 to CADL.
What is the trend direction for CADL stock?
The current trend direction for CANDEL THERAPEUTICS INC (CADL) is Bearish.
What is the RSI signal for CANDEL THERAPEUTICS INC (CADL) stock?
CANDEL THERAPEUTICS INC (CADL) has an RSI value of 53.8068. This indicates that the stock is currently neutral.
What is the short term momentum for CADL stock?
The short term momentum for CANDEL THERAPEUTICS INC (CADL) is positive.
What are the support and resistance levels for CANDEL THERAPEUTICS INC (CADL) stock?
CANDEL THERAPEUTICS INC (CADL) has a support level at 5.53 and a resistance level at 6.36. Check the full technical report for our detailed analysis of CADL support and resistance levels.