CATALYST BIOSCIENCES INC (CBIO) Stock Technical Analysis
NASDAQ:CBIO - Nasdaq - US14888D2080 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CBIO. Both in the recent history as in the last year, CBIO 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!
CBIO is part of the Biotechnology industry. There are 557 other stocks in this industry. CBIO outperforms 92% of them.
CBIO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CBIO has a been trading in the 0.32 - 0.59 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CBIO is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CBIO has an excellent technical rating, it 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
0.33
15.96
When analyzing the support we can see 6 important areas.
- Support @0.58 from a trend line in the weekly time frame.
- Support @0.54 from a horizontal line in the daily time frame.
- Support @0.53 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.33 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for CBIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBIO is up. |
| ChartMill Relative Strength | 93.94 | POSITIVE | CBIO has a high relative strength, it outperformed 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBIO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CBIO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for CBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CBIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.55 | NEUTRAL | The Stochastics value for CBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for CBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for CBIO suggests a possible start of a new 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)
15.8
+15.29 (+2990.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2990.16%
1 Week9.72%
2 Weeks21.74%
1 Month4.37%
3 Month54.05%
6 Month142.78%
12 Month-8.37%
2 Year-84.46%
3 Year-90.67%
5 Year-94.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%11.68%
ATR Inc18.9%
Range Today4.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.94
Mansfield4
10 Day High0.59
10 Day Low0.37
20 Day High0.59
20 Day Low0.32
52 Week High0.74
52 Week Low0.19
CS1 End0.5
CR1 Start0.53
Volume & EV
DER(3)-12.03%
DER(5)-3.47%
Volume21.70K
Volume Incr22.78%
Vol(5)378.56K
Vol(50)410.87K