Overall CBIO gets a technical rating of 4 out of 10. In the last year, CBIO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is only medium, CBIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.91, a Stop Loss order could be placed below this zone.
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12.78
When analyzing the support we notice one important area.
- Support @12.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.93 to 13.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.06 to 15.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CBIO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBIO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBIO is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 45.24 | NEUTRAL | The RSI value for CBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CBIO has a negative trend. |
| Stochastics (14,3) | 27.86 | NEUTRAL | The Stochastics value for CBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.81 | HIGH VOLATILITY | The high ATR as a percentage value for CBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for CBIO suggests a strong trend. |
12.92
-0.29 (-2.2%)
CRESCENT BIOPHARMA INC / CBIO FAQ
Can you provide the ChartMill technical rating for CRESCENT BIOPHARMA INC?
ChartMill assigns a technical rating of 4 / 10 to CBIO.
Can you provide the trend direction for CRESCENT BIOPHARMA INC?
The current trend direction for CRESCENT BIOPHARMA INC (CBIO) is Bullish.
Can you provide the RSI signal for CRESCENT BIOPHARMA INC?
CRESCENT BIOPHARMA INC (CBIO) has an RSI value of 45.2406. This indicates that the stock is currently neutral.
What is the MACD signal for CBIO stock?
The MACD indicator for CRESCENT BIOPHARMA INC (CBIO) has a value of -0.0950064, indicating a bearish trend.
What is the short term momentum for CBIO stock?
The short term momentum for CRESCENT BIOPHARMA INC (CBIO) is neutral.