CAN FITE BIOPHARMA LTD-ADR (CANF) Stock Technical Analysis
NYSEARCA:CANF - NYSE Arca - US13471N3008 - ADR - Currency: USD
Overall CANF gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CANF is a bad performer in the overall market: 96% of all stocks are doing better.
CANF is part of the Biotechnology industry. There are 555 other stocks in this industry, of which 77% are performing better than CANF.
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.
In the last month CANF has a been trading in the 1.01 - 1.17 range, which is quite wide. It is currently trading near the lows of this range.
CANF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone.
More info and screens
1.01
1.39
We found 1 important support area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @1.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.08 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.14 from a horizontal line in the daily time frame.
- Resistance @1.38 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 | 4.58 | NEGATIVE | CANF has a low relative strength, it was outperformed by 95.42% 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) | 42.37 | 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) | 17.36 | OVERSOLD | The low Stochastics value suggests CANF may be oversold. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CANF suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for CANF suggests a weak or negative 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)
1.04
+0.01 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.97%
1 Week-1.42%
2 Weeks-3.7%
1 Month-3.7%
3 Month-29.67%
6 Month-34.18%
12 Month-59.69%
2 Year-66.12%
3 Year-88.7%
5 Year-94.75%
10 Year-99.68%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%3.94%
ATR Inc-24.6%
Range Today0.03
ADR(20)0.04
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.58
Mansfield-4.87
10 Day High1.17
10 Day Low1.01
20 Day High1.17
20 Day Low1.01
52 Week High4.69
52 Week Low0.98
CS1 End1.03
CR1 Start1.04
Volume & EV
DER(3)-9.5%
DER(5)-3.52%
Volume107.30K
Volume Incr-16.58%
Vol(5)98.34K
Vol(50)128.42K