We assign a technical rating of 0 out of 10 to CANF. CANF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CANF is bad and it also does not present a quality setup 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
0.25
We can see 2 important resistance areas.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.28 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for CANF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CANF is down. |
| ChartMill Relative Strength | 1.77 | NEGATIVE | CANF has a low relative strength, it was outperformed by 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CANF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CANF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CANF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.77 | NEUTRAL | The RSI value for CANF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CANF has a negative trend. |
| Stochastics (14,3) | 5.96 | OVERSOLD | The low Stochastics value suggests CANF may be oversold. |
| Average True Range in percent/ATR (20) | 11.98 | HIGH VOLATILITY | The high ATR as a percentage value for CANF suggests high volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for CANF suggests a possible start of a new trend. |
0.2521
+0 (+0.84%)
CAN FITE BIOPHARMA LTD-ADR / CANF FAQ
Can you provide the ChartMill technical rating for CAN FITE BIOPHARMA LTD-ADR?
ChartMill assigns a technical rating of 0 / 10 to CANF.
Can you provide the trend direction for CAN FITE BIOPHARMA LTD-ADR?
The current trend direction for CAN FITE BIOPHARMA LTD-ADR (CANF) is Bearish.
Can you provide the RSI signal for CAN FITE BIOPHARMA LTD-ADR?
CAN FITE BIOPHARMA LTD-ADR (CANF) has an RSI value of 30.7698. This indicates that the stock is currently neutral.
What is the MACD signal for CAN FITE BIOPHARMA LTD-ADR (CANF) stock?
The MACD indicator for CAN FITE BIOPHARMA LTD-ADR (CANF) has a value of -0.0019816, indicating a bearish trend.
Can you provide the support and resistance levels for CAN FITE BIOPHARMA LTD-ADR?
CAN FITE BIOPHARMA LTD-ADR (CANF) has a resistance level at 0.26. Check the full technical report for our detailed analysis of CANF support and resistance levels.