CARISMA THERAPEUTICS INC (CARM) Technical Analysis
NASDAQ:CARM • US14216R1014
Current stock price
CARM Technical Rating and Analysis
Taking everything into account, CARM scores 0 out of 10 in our technical rating. CARM'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 part of the Biotechnology industry. There are 517 other stocks in this industry, of which 90% are performing better than CARM.
- CARM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CARM is lagging the market.
- 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
We can see 2 important resistance 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.
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
CARM Technicals: Chart, Performance Metrics, Trend & Indicators
0.1539
-0.12 (-43.81%)
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.