Cleveland Biolabs (CBLI) Stock Technical Analysis
NASDAQ:CBLI - Nasdaq -
Taking everything into account, CBLI scores 1 out of 10 in our technical rating. CBLI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CBLI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBLI is lagging the market.
CBLI is part of the Biotechnology industry. There are 561 other stocks in this industry. CBLI outperforms 79% of them.
When compared to the yearly performance of all other stocks, CBLI outperforms 54% of them, which is more or less in line with the market.
In the last month CBLI has a been trading in the 2.70 - 3.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CBLI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CBLI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.68
3.73
3 important support areas can be observed.
- Support @3.06 from a trend line in the weekly time frame.
- Support @2.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.71 to 2.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.33 to 3.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.49 from a horizontal line in the daily time frame.
- Resistance @3.69 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CBLI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBLI is down. |
| ChartMill Relative Strength | 54.61 | NEUTRAL | CBLI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBLI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBLI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.96 | NEUTRAL | The RSI value for CBLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CBLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.69 | NEUTRAL | The Stochastics value for CBLI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.69 | HIGH VOLATILITY | The high ATR as a percentage value for CBLI suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.17
-0.25 (-7.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.31%
1 Week-8.12%
2 Weeks1.93%
1 Month-10.96%
3 Month-41.83%
6 Month-45.06%
12 Month72.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%10.69%
ATR Inc-28.39%
Range Today0.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.61
Mansfield-3.53
10 Day High3.77
10 Day Low2.96
20 Day High3.99
20 Day Low2.7
52 Week High10.97
52 Week Low1.76
CS1 End3.06
CR1 Start3.33
Volume & EV
DER(3)2.44%
DER(5)4.81%
Volume116.40K
Volume Incr-64%
Vol(5)62.14K
Vol(50)293.20K