We assign a technical rating of 9 out of 10 to CAMP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAMP is showing a nice and steady performance.
Besides having an excellent technical rating, CAMP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CAMP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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2.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.88 to 5.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.74 from a trend line in the daily time frame.
- A support zone ranging from 3.34 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.93 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.17 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.50 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 | UP | POSITIVE | The long term trend for CAMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAMP is up. |
| ChartMill Relative Strength | 92.93 | POSITIVE | CAMP has a high relative strength, it outperformed 92.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CAMP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.3 | NEUTRAL | The RSI value for CAMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CAMP has a negative trend. |
| Stochastics (14,3) | 41.58 | NEUTRAL | The Stochastics value for CAMP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for CAMP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for CAMP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.22 | 5.87 | 0.35 (5.63%) | 17.77% |
| An entry @6.22. This is a Buy Stop order right above the resistance zone. | An exit @5.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 5.63%. | When investing 17.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CAMP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.93
-0.27 (-4.35%)
CAMP4 THERAPEUTICS CORP / CAMP FAQ
What is the technical rating for CAMP stock?
ChartMill assigns a technical rating of 9 / 10 to CAMP.
What is the current trend direction of CAMP4 THERAPEUTICS CORP (CAMP) stock?
The current trend direction for CAMP4 THERAPEUTICS CORP (CAMP) is Bullish.
Can you provide the RSI signal for CAMP4 THERAPEUTICS CORP?
CAMP4 THERAPEUTICS CORP (CAMP) has an RSI value of 56.3039. This indicates that the stock is currently neutral.
What is the short term momentum for CAMP4 THERAPEUTICS CORP (CAMP) stock?
The short term momentum for CAMP4 THERAPEUTICS CORP (CAMP) is positive.
Can you provide the buy/sell signal for CAMP4 THERAPEUTICS CORP?
The buy/sell signal for CAMP4 THERAPEUTICS CORP (CAMP) is buy as both the short term and long term trends are positive.