CARISMA THERAPEUTICS INC (CARM) Stock Technical Analysis
NASDAQ:CARM - Nasdaq - US14216R1014 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CARM. In the past year, CARM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CARM is a bad performer in the overall market: 90% of all stocks are doing better.
CARM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CARM has a been trading in the 0.16 - 1.27 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CARM has an average volume of 17014800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CARM is part of the Biotechnology industry. There are 557 other stocks in this industry, CARM did better than 43% of them.
CARM has an average technical rating and it also does not offer a high quality setup 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
0.43
0.46
We found 1 important resistance area.
- Resistance @0.46 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CARM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARM is up. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | CARM has a low relative strength, it was outperformed by 89.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARM is above the rising 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) | 54.17 | NEUTRAL | The RSI value for CARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CARM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.23 | NEUTRAL | The Stochastics value for CARM is a neutral value. |
| Average True Range in percent/ATR (20) | 28.06 | HIGH VOLATILITY | The high ATR as a percentage value for CARM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.06 | POSITIVE | The high ADX value value for CARM 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)
0.4297
-0.02 (-4.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.85%
1 Week89.46%
2 Weeks114.85%
1 Month158.23%
3 Month3.87%
6 Month2.82%
12 Month-57.87%
2 Year-95.1%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%28.06%
ATR Inc23.03%
Range Today0.09
ADR(20)0.08
ADR(20)%18.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.56
Mansfield-3.87
10 Day High1.27
10 Day Low0.17
20 Day High1.27
20 Day Low0.16
52 Week High1.9
52 Week Low0.14
CS1 EndN/A
CR1 Start0.46
Volume & EV
DER(3)-1.28%
DER(5)-2.35%
Volume4.05M
Volume Incr5714.6%
Vol(5)157.87M
Vol(50)17.01M