CRESCENT BIOPHARMA INC (CBIO) Technical Analysis
NASDAQ:CBIO • KYG2545C1042
Current stock price
CBIO Technical Rating and Analysis
Overall CBIO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBIO is a bad performer.
- 100% of all other stocks performed better in the past year than CBIO.
- CBIO is part of the Biotechnology industry. There are 515 other stocks in this industry, of which 93% are performing better than CBIO.
- The long and short term trends are both positive. This is looking good!
- In the last month CBIO has a been trading in the 12.98 - 27.41 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CBIO Weekly and Daily overview Charts
CBIO Setup Rating and Analysis
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
CBIO Support and Resistance Analysis
21.81
When analyzing the support we notice one important area.
- A support zone ranging from 22.03 to 22.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
CBIO 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 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. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.65 | OVERBOUGHT | The high RSI value suggests CBIO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CBIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests CBIO may be overbought. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for CBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 46.43 | POSITIVE | The high ADX value value for CBIO suggests a strong trend. |
CBIO Chart- and CandleStick Pattern Analysis
CBIO Technicals: Chart, Performance Metrics, Trend & Indicators
24.8
-0.9 (-3.5%)
CRESCENT BIOPHARMA INC / CBIO TA FAQ
Can you provide the ChartMill technical rating for CRESCENT BIOPHARMA INC?
ChartMill assigns a technical rating of 7 / 10 to CBIO.
What is the trend direction for CBIO stock?
The current trend direction for CRESCENT BIOPHARMA INC (CBIO) is Bullish.
What is the RSI signal for CBIO stock?
CRESCENT BIOPHARMA INC (CBIO) has an RSI value of 71.6511. This indicates that the stock is currently overbought.
What is the short term momentum for CRESCENT BIOPHARMA INC (CBIO) stock?
The short term momentum for CRESCENT BIOPHARMA INC (CBIO) is positive.
Can you provide the buy/sell signal for CRESCENT BIOPHARMA INC?
The buy/sell signal for CRESCENT BIOPHARMA INC (CBIO) is buy as both the short term and long term trends are positive.