CAN FITE BIOPHARMA LTD-ADR (CANF) Stock Technical Analysis
NYSEARCA:CANF - NYSE Arca - US13471N3008 - ADR - Currency: USD
Taking everything into account, CANF scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CANF is a bad performer in the overall market: 98% of all stocks are doing better.
CANF is one of the lesser performing stocks in the Biotechnology industry. 84% of 550 stocks in the same industry do better.
CANF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CANF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CANF has a poor technical rating and the quality of the setup is also only medium 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
0.65
0.71
We found 1 important resistance area.
- A resistance zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 2.14 | NEGATIVE | CANF has a low relative strength, it was outperformed by 97.86% 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) | 21.4 | OVERSOLD | The low RSI value suggests CANF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CANF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.83 | OVERSOLD | The low Stochastics value suggests CANF may be oversold. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for CANF suggests high volalility. |
| Average Directional Index/ADX (14) | 45.89 | POSITIVE | The high ADX value value for CANF suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.66
-0.04 (-5.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.24%
1 Week-4.56%
2 Weeks-7.5%
1 Month-36.84%
3 Month-37.14%
6 Month-56.86%
12 Month-73.91%
2 Year-77.55%
3 Year-92.98%
5 Year-97.04%
10 Year-99.75%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.44%
ATR Inc-48.96%
Range Today0.04
ADR(20)0.04
ADR(20)%6.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.14
Mansfield-6.19
10 Day High0.71
10 Day Low0.63
20 Day High1.05
20 Day Low0.63
52 Week High3.12
52 Week Low0.63
CS1 EndN/A
CR1 Start0.68
Volume & EV
DER(3)3.04%
DER(5)3.48%
Volume169.30K
Volume Incr-51.65%
Vol(5)153.26K
Vol(50)206.78K