Cellular Biomedicine (CBMG) Stock Technical Analysis
NASDAQ:CBMG - Nasdaq -
Taking everything into account, CBMG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CBMG is only an average performer.
The long and short term trends are both positive. This is looking good!
CBMG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBMG is leading the market.
In the last month CBMG has a been trading in the 17.60 - 19.75 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CBMG outperforms 49% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
16.98
19.96
We found 4 important support areas.
- A support zone ranging from 18.52 to 19.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.21 from a trend line in the daily time frame.
- Support @17.82 from a horizontal line in the daily time frame.
- A support zone ranging from 17.15 to 17.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.76 to 19.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CBMG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBMG is up. |
| ChartMill Relative Strength | 49.81 | NEUTRAL | CBMG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBMG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.56 | OVERBOUGHT | The high RSI value suggests CBMG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CBMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.46 | OVERBOUGHT | The high Stochastics value suggests CBMG may be overbought. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for CBMG suggests low 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)
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 worst case loss on the trade is limited to 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%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CBMG (2/19/2021, 8:00:01 PM)
19.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0.61%
1 Month9.72%
3 Month7.92%
6 Month5.39%
12 Month18.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%1.15%
ATR Inc-90.14%
Range Today0.02
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
CRS49.81
Mansfield-0.08
10 Day High19.76
10 Day Low19.64
20 Day High19.76
20 Day Low17.6
52 Week High19.76
52 Week Low11.48
CS1 End19.27
CR1 Start19.76
Volume & EV
DER(3)-2.4%
DER(5)0.92%
Volume171.90K
Volume Incr24.84%
Vol(5)195.40K
Vol(50)100.45K