CRESCENT BIOPHARMA INC (CBIO) Technical Analysis
NASDAQ:CBIO • KYG2545C1042
Current stock price
CBIO Technical Rating and Analysis
Overall CBIO gets a technical rating of 3 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.
- When comparing the yearly performance of all stocks, CBIO is a bad performer in the overall market: 100% of all stocks are doing better.
- CBIO is one of the lesser performing stocks in the Biotechnology industry. 93% of 519 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month CBIO has a been trading in the 8.76 - 13.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CBIO Weekly and Daily overview Charts
CBIO Setup Rating and Analysis
Although the technical rating is bad, CBIO does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CBIO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CBIO Support and Resistance Analysis
11.06
We found 1 important support area.
- A support zone ranging from 11.17 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 11.44 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.10 from a horizontal line in the weekly time frame.
- Resistance @12.41 from a trend line in the daily time frame.
- A resistance zone ranging from 12.65 to 12.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.90 from a trend line in the daily time frame.
- A resistance zone ranging from 15.06 to 15.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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) | UP | MIXED | The current price of CBIO is below the rising 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) | 47.83 | NEUTRAL | The RSI value for CBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBIO has a negative trend. |
| Stochastics (14,3) | 32.12 | NEUTRAL | The Stochastics value for CBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for CBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.16 | 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
11.18
-0.38 (-3.29%)
CRESCENT BIOPHARMA INC / CBIO TA FAQ
Can you provide the ChartMill technical rating for CRESCENT BIOPHARMA INC?
ChartMill assigns a technical rating of 3 / 10 to CBIO.
What is the trend direction for CBIO stock?
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 47.8314. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CRESCENT BIOPHARMA INC?
CRESCENT BIOPHARMA INC (CBIO) has a support level at 11.17 and a resistance level at 11.44. Check the full technical report for our detailed analysis of CBIO support and resistance levels.