CARISMA THERAPEUTICS INC (CARM) Technical Analysis
NASDAQ:CARM • US14216R1014
Current stock price
0.1539 USD
-0.12 (-43.81%)
At close:
0.1181 USD
-0.04 (-23.26%)
After Hours:
CARM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CARM. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CARM is a bad performer in the overall market: 100% of all stocks are doing better.
- CARM is one of the lesser performing stocks in the Biotechnology industry. 91% of 511 stocks in the same industry do better.
- CARM 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 CARM has a been trading in the 0.15 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CARM has an average volume of 11198500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CARM Weekly and Daily overview Charts
CARM Setup Rating and Analysis
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
CARM Support and Resistance Analysis
0.15
0.26
2 important resistance areas can be observed.
- 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.
CARM Technical Indicator Signal Analysis
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. |
CARM Chart- and CandleStick Pattern Analysis
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)
CARM Technicals: Chart, Performance Metrics, Trend & Indicators
0.1539
-0.12 (-43.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-43.81%
1 Week-41.01%
2 Weeks-46.89%
1 Month-58.86%
3 Month-61.52%
6 Month-25.65%
12 Month-83.48%
2 Year-94.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%22.99%
ATR Inc170.19%
Range Today0.02
ADR(20)0.03
ADR(20)%19.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.98
3 months CRS1.3
6 months CRS7.14
Mansfield-6.72
10 Day High0.3
10 Day Low0.15
20 Day High0.39
20 Day Low0.15
52 Week High1.27
52 Week Low0.14
CS1 EndN/A
CR1 Start0.25
Volume & EV
DER(3)1.65%
DER(5)1.54%
Volume17.54M
Volume Incr292.1%
Vol(5)5.30M
Vol(50)11.20M
CARISMA THERAPEUTICS INC / CARM TA FAQ
Can you provide the ChartMill technical rating for CARISMA THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to CARM.
What is the current trend direction of CARISMA THERAPEUTICS INC (CARM) stock?
The current trend direction for CARISMA THERAPEUTICS INC (CARM) is Bearish.
What is the RSI signal for CARM stock?
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 is the short term momentum for CARM stock?
The short term momentum for CARISMA THERAPEUTICS INC (CARM) is negative.