CASCADIAN THERAPEUTICS INC (CASC) Technical Analysis
NYSE:CASC • US14740B6065
Current stock price
CASC Technical Rating and Analysis
Taking everything into account, CASC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CASC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- CASC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CASC is leading the market.
- CASC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- CASC has an average volume of 1044130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CASC did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month CASC has a been trading in a tight range between 9.96 and 10.03.
CASC Weekly and Daily overview Charts
CASC Setup Rating and Analysis
CASC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.99, a Stop Loss order could be placed below this zone.
More info and screens
CASC Support and Resistance Analysis
9.86
We found 1 important support area.
- A support zone ranging from 9.96 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.03 to 10.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
CASC 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 | UP | POSITIVE | The long term trend for CASC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CASC is up. |
| ChartMill Relative Strength | 98.76 | POSITIVE | CASC has a high relative strength, it outperformed 98.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CASC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CASC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CASC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 89.6 | OVERBOUGHT | The high RSI value suggests CASC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CASC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.9 | OVERBOUGHT | The high Stochastics value suggests CASC may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for CASC suggests low volalility. |
CASC Chart- and CandleStick Pattern Analysis
CASC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.08 | 9.96 | 0.12 (1.19%) | 25.00% |
| An entry @10.08. This is a Buy Stop order right above the resistance zone. | An exit @9.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 1.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CASC Technicals: Chart, Performance Metrics, Trend & Indicators
10.02
+0.02 (+0.2%)
CASCADIAN THERAPEUTICS INC / CASC TA FAQ
What is the ChartMill technical rating of CASCADIAN THERAPEUTICS INC (CASC) stock?
ChartMill assigns a technical rating of 8 / 10 to CASC.
What is the trend direction for CASC stock?
The current trend direction for CASCADIAN THERAPEUTICS INC (CASC) is Bullish.
What is the RSI signal for CASC stock?
CASCADIAN THERAPEUTICS INC (CASC) has an RSI value of 89.5977. This indicates that the stock is currently overbought.
What is the MACD signal for CASC stock?
The MACD indicator for CASCADIAN THERAPEUTICS INC (CASC) has a value of -0.2056, indicating a bearish trend.
Can you provide the short term momentum for CASCADIAN THERAPEUTICS INC?
The short term momentum for CASCADIAN THERAPEUTICS INC (CASC) is positive.