CARIS LIFE SCIENCES INC (CAI) Stock Technical Analysis
NASDAQ:CAI - Nasdaq - US1421521071 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CAI. CAI 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.
100% of all other stocks performed better in the past year than CAI.
CAI is one of the lesser performing stocks in the Biotechnology industry. 91% of 551 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CAI has a been trading in the 26.75 - 33.41 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, CAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
26.79
30.05
We found 1 important support area.
- Support @27.06 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for CAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 54.59 | NEUTRAL | The RSI value for CAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests CAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.45 | NEUTRAL | The Stochastics value for CAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for CAI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.8 | NEUTRAL | The ADX value for CAI 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)
29.75
+1.16 (+4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.06%
1 Week6.1%
2 Weeks0.71%
1 Month12.22%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%6.76%
ATR Inc-4.15%
Range Today2.25
ADR(20)1.97
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High30.5
10 Day Low26.97
20 Day High33.41
20 Day Low26.75
52 Week HighN/A
52 Week LowN/A
CS1 End27.06
CR1 StartN/A
Volume & EV
DER(3)1.15%
DER(5)0.08%
Volume521.80K
Volume Incr-7.34%
Vol(5)502.62K
Vol(50)N/A