CARISMA THERAPEUTICS INC (CARM) Stock Technical Analysis
USA - NASDAQ:CARM - US14216R1014 - Common Stock
Taking everything into account, CARM scores 0 out of 10 in our technical rating. CARM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CARM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.15
When analyzing the resistance we notice 2 important areas.
- Resistance @0.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.26 to 0.26. 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 CARM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CARM is down. |
| ChartMill Relative Strength | 0.98 | NEGATIVE | CARM has a low relative strength, it was outperformed by 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CARM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CARM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CARM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.06 | NEUTRAL | The RSI value for CARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CARM has a negative trend. |
| Stochastics (14,3) | 32.99 | NEUTRAL | The Stochastics value for CARM is a neutral value. |
| Average True Range in percent/ATR (20) | 22.99 | HIGH VOLATILITY | The high ATR as a percentage value for CARM suggests high volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for CARM suggests a weak or negative trend. |
0.1539
-0.12 (-43.81%)
CARISMA THERAPEUTICS INC / CARM FAQ
Can you provide the ChartMill technical rating for CARISMA THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to CARM.
Can you provide the trend direction for CARISMA THERAPEUTICS INC?
The current trend direction for CARISMA THERAPEUTICS INC (CARM) is Bearish.
Can you provide the RSI signal for CARISMA THERAPEUTICS INC?
CARISMA THERAPEUTICS INC (CARM) has an RSI value of 30.0613. This indicates that the stock is currently neutral.
What is the MACD signal for CARISMA THERAPEUTICS INC (CARM) stock?
The MACD indicator for CARISMA THERAPEUTICS INC (CARM) has a value of -0.00793953, indicating a bearish trend.
What are the support and resistance levels for CARISMA THERAPEUTICS INC (CARM) stock?
CARISMA THERAPEUTICS INC (CARM) has a resistance level at 0.25. Check the full technical report for our detailed analysis of CARM support and resistance levels.