CAN FITE BIOPHARMA LTD-ADR (CANF) Stock Technical Analysis
NYSEARCA:CANF - US13471N3008 - ADR
0.6517 USD
-0.01 (-1.53%)
0.641 USD
-0.01 (-1.64%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than CANF.
CANF is part of the Biotechnology industry. There are 542 other stocks in this industry, of which 84% 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 0.63 - 0.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CANF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CANF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.61
0.75
When analyzing the support we can see 2 important areas.
- Support @0.63 from a horizontal line in the daily time frame.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.74 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 | 2.33 | NEGATIVE | CANF has a low relative strength, it was outperformed by 97.67% 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) | 36.06 | 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) | 50.02 | NEUTRAL | The Stochastics value for CANF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CANF suggests some volalility. |
| Average Directional Index/ADX (14) | 54.93 | 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)
0.6517
-0.01 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.53%
1 Week-1.65%
2 Weeks-0.76%
1 Month-4.92%
3 Month-40.48%
6 Month-58.75%
12 Month-71.91%
2 Year-75.41%
3 Year-91.54%
5 Year-96.32%
10 Year-99.9%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.83%
ATR Inc-70.38%
Range Today0.01
ADR(20)0.02
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.33
Mansfield-6.01
10 Day High0.68
10 Day Low0.63
20 Day High0.7
20 Day Low0.63
52 Week High3.12
52 Week Low0.63
CS1 End0.63
CR1 Start0.66
Volume & EV
DER(3)19.05%
DER(5)13.69%
Volume142.20K
Volume Incr3.07%
Vol(5)145.60K
Vol(50)205.16K