TEMA ONCOLOGY ETF (CANC) Technical Analysis
NASDAQ:CANC • US87975E7013
Current stock price
CANC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CANC. Both in the recent history as in the last year, CANC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: CANC has an average volume of 26186 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CANC is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, CANC also shows a nice and consistent pattern of rising prices.
- CANC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CANC has a been trading in the 34.60 - 39.95 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
CANC Weekly and Daily overview Charts
CANC Setup Rating and Analysis
Although CANC has an excellent technical rating, the quality of the presented setup is not ideal 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
CANC Support and Resistance Analysis
33.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.09 to 37.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.22 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
CANC 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 | 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 | 86.02 | POSITIVE | CANC has a high relative strength, it outperformed 86.02% 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) | 66.63 | NEUTRAL | The RSI value for CANC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests CANC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.36 | OVERBOUGHT | The high Stochastics value suggests CANC may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for CANC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for CANC suggests a possible start of a new trend. |
CANC Chart- and CandleStick Pattern Analysis
CANC Example Setup
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 |
|---|---|---|---|
| 39.96 | 37.09 | 2.87 (7.18%) | 13.92% |
| An entry @39.96. This is a Buy Stop order right above the 10 day high. | An exit @37.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.87 points, which is 7.18%. | For a 1.00% total portfolio risk, you can invest 13.92% of your capital in this trade. |
- 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.
CANC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CANC (4/21/2026, 8:00:03 PM)
39.5
-0.22 (-0.55%)
TEMA ONCOLOGY ETF / CANC TA FAQ
What is the technical rating for CANC stock?
ChartMill assigns a technical rating of 10 / 10 to CANC.
What is the trend direction for CANC stock?
The current trend direction for TEMA ONCOLOGY ETF (CANC) is Bullish.
What is the RSI signal for CANC stock?
TEMA ONCOLOGY ETF (CANC) has an RSI value of 66.6306. This indicates that the stock is currently neutral.
What is the MACD signal for TEMA ONCOLOGY ETF (CANC) stock?
The MACD indicator for TEMA ONCOLOGY ETF (CANC) has a value of 0.291893, 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.