CARIS LIFE SCIENCES INC (CAI) Technical Analysis
NASDAQ:CAI • US1421521071
Current stock price
CAI Technical Rating and Analysis
Taking everything into account, CAI scores 2 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, CAI is a bad performer in the overall market: 100% of all stocks are doing better.
- CAI is one of the lesser performing stocks in the Biotechnology industry. 93% of 515 stocks in the same industry do better.
- CAI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- CAI has an average volume of 2333520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CAI Weekly and Daily overview Charts
CAI Setup Rating and Analysis
CAI has a poor technical rating and the quality of the setup is also not perfect 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
CAI Support and Resistance Analysis
19.10
When analyzing the support we notice one important area.
- A support zone ranging from 19.29 to 19.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.44 to 20.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.15 to 21.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.80 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 | NEUTRAL | NEUTRAL | The long term trend for CAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAI is neutral. |
| 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). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CAI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for CAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.83 | NEUTRAL | The Stochastics value for CAI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for CAI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for CAI suggests a weak or negative trend. |
CAI Chart- and CandleStick Pattern Analysis
CAI Technicals: Chart, Performance Metrics, Trend & Indicators
20.2
+0.41 (+2.07%)
CARIS LIFE SCIENCES INC / CAI TA FAQ
What is the technical rating for CAI stock?
ChartMill assigns a technical rating of 2 / 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.
What is the RSI signal for CAI stock?
CARIS LIFE SCIENCES INC (CAI) has an RSI value of 52.8779. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CARIS LIFE SCIENCES INC?
CARIS LIFE SCIENCES INC (CAI) has a support level at 19.79 and a resistance level at 20.44. Check the full technical report for our detailed analysis of CAI support and resistance levels.