We assign a technical rating of 0 out of 10 to CANF. CANF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CANF has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
0.31
2 important resistance areas can be observed.
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 | 1.7 | NEGATIVE | CANF has a low relative strength, it was outperformed by 98.3% 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) | 34.02 | NEUTRAL | The RSI value for CANF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CANF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.32 | OVERSOLD | The low Stochastics value suggests CANF may be oversold. |
| Average True Range in percent/ATR (20) | 14.79 | HIGH VOLATILITY | The high ATR as a percentage value for CANF suggests high volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for CANF suggests a strong trend. |
0.313
-0.03 (-7.67%)
ChartMill assigns a technical rating of 0 / 10 to CANF.
The current trend direction for CAN FITE BIOPHARMA LTD-ADR (CANF) is Bearish.
CAN FITE BIOPHARMA LTD-ADR (CANF) has an RSI value of 34.0168. This indicates that the stock is currently neutral.
The MACD indicator for CAN FITE BIOPHARMA LTD-ADR (CANF) has a value of 0.00545284, indicating a bearish trend.
CAN FITE BIOPHARMA LTD-ADR (CANF) has a resistance level at 0.35. Check the full technical report for our detailed analysis of CANF support and resistance levels.