CARIS LIFE SCIENCES INC (CAI) Technical Analysis
NASDAQ:CAI • US1421521071
Current stock price
CAI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CAI. CAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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. 93% of 519 stocks in the same industry do better.
- In the last month CAI has a been trading in the 17.15 - 21.61 range, which is quite wide. It is currently trading near the lows of this range.
- CAI has an average volume of 2439750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CAI Weekly and Daily overview Charts
CAI Setup Rating and Analysis
Although the technical rating is bad, 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
CAI Support and Resistance Analysis
17.46
We found 1 important support area.
- Support @17.64 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @18.27 from a trend line in the daily time frame.
- Resistance @20.66 from a horizontal line in the daily time frame.
- Resistance @23.74 from a trend line in the daily time frame.
CAI Technical Indicator Signal Analysis
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 CAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAI is down. |
| 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) | DOWN | NEGATIVE | The current price of CAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.14 | NEUTRAL | The RSI value for CAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CAI has a positive trend. |
| Stochastics (14,3) | 23.23 | NEUTRAL | The Stochastics value for CAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for CAI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.27 | POSITIVE | The high ADX value value for CAI suggests a strong trend. |
CAI Chart- and CandleStick Pattern Analysis
CAI Technicals: Chart, Performance Metrics, Trend & Indicators
18.15
+0.46 (+2.6%)
CARIS LIFE SCIENCES INC / CAI TA FAQ
What is the technical rating for CAI stock?
ChartMill assigns a technical rating of 0 / 10 to CAI.
Can you provide the trend direction for CARIS LIFE SCIENCES INC?
The current trend direction for CARIS LIFE SCIENCES INC (CAI) is Bearish.
Can you provide the RSI signal for CARIS LIFE SCIENCES INC?
CARIS LIFE SCIENCES INC (CAI) has an RSI value of 37.1405. This indicates that the stock is currently neutral.
What is the MACD signal for CAI stock?
The MACD indicator for CARIS LIFE SCIENCES INC (CAI) has a value of 0.0737046, indicating a bearish trend.
What are the support and resistance levels for CARIS LIFE SCIENCES INC (CAI) stock?
CARIS LIFE SCIENCES INC (CAI) has a support level at 17.64 and a resistance level at 18.27. Check the full technical report for our detailed analysis of CAI support and resistance levels.