NASDAQ:CBIO - Nasdaq - US38000Q1022 - Common Stock - Currency: USD
Overall CBIO gets a technical rating of 3 out of 10. CBIO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CBIO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
12.83
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 | 0 | NEGATIVE | CBIO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 32.6 | NEUTRAL | The RSI value for CBIO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests CBIO has a negative trend. |
Stochastics (14,3) | 13.34 | OVERSOLD | The low Stochastics value suggests CBIO may be oversold. |
Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for CBIO suggests a strong trend. |
12.96
-0.54 (-4%)