TEMA ONCOLOGY ETF (CANC) Stock Technical Analysis
USA - NASDAQ:CANC - US87975E7013 - ETF
Taking everything into account, CANC scores 8 out of 10 in our technical rating. Although CANC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CANC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
26.08
2 important support areas can be observed.
- A support zone ranging from 28.39 to 28.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.34 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.98 to 30.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CANC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CANC is up. |
| ChartMill Relative Strength | 78 | POSITIVE | CANC has a high relative strength, it outperformed 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CANC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CANC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.73 | NEUTRAL | The RSI value for CANC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CANC has a negative trend. |
| Stochastics (14,3) | 56.68 | NEUTRAL | The Stochastics value for CANC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for CANC suggests low volalility. |
| Average Directional Index/ADX (14) | 30.25 | POSITIVE | The high ADX value value for CANC 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 |
|---|---|---|---|
| 30.99 | 29.64 | 1.35 (4.36%) | 22.96% |
| An entry @30.99. This is a Buy Stop order right above the resistance zone. | An exit @29.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.35 points, which is 4.36%. | When investing 22.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:CANC (11/5/2025, 3:11:11 PM)
30.57
+0.14 (+0.46%)
TEMA ONCOLOGY ETF / CANC FAQ
What is the technical rating for CANC stock?
ChartMill assigns a technical rating of 8 / 10 to CANC.
Can you provide the trend direction for TEMA ONCOLOGY ETF?
The current trend direction for TEMA ONCOLOGY ETF (CANC) is Bullish.
Can you provide the RSI signal for TEMA ONCOLOGY ETF?
TEMA ONCOLOGY ETF (CANC) has an RSI value of 58.7301. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TEMA ONCOLOGY ETF?
The MACD indicator for TEMA ONCOLOGY ETF (CANC) has a value of -0.0606211, indicating a bearish trend.
What is the short term momentum for TEMA ONCOLOGY ETF (CANC) stock?
The short term momentum for TEMA ONCOLOGY ETF (CANC) is positive.