USA - NASDAQ:CBIO - KYG2545C1042 - Common Stock
Overall CBIO gets a technical rating of 2 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.
The technical rating of CBIO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
10.15
When analyzing the resistance we notice one important area.
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) | DOWN | NEGATIVE | The current price of CBIO is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 30.29 | NEUTRAL | The RSI value for CBIO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CBIO has a negative trend. |
Stochastics (14,3) | 24.4 | NEUTRAL | The Stochastics value for CBIO is a neutral value. |
Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for CBIO suggests high volalility. |
Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for CBIO suggests a strong trend. |
10.25
-1.1 (-9.69%)