NASDAQ:CBMG - Nasdaq -
Overall CBMG gets a technical rating of 8 out of 10. Although CBMG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CBMG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.76. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
16.98
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
19.77 | 19.63 | 0.14 (0.71%) | 25.00% |
An entry @19.77. This is a Buy Stop order right above the resistance zone. | An exit @19.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.18%. |
NASDAQ:CBMG (2/19/2021, 8:00:01 PM)
19.75
0 (0%)