CIBUS INC (CBUS) Stock Technical Analysis
NASDAQ:CBUS • US17166A1016
Overall CBUS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBUS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- CBUS is part of the Biotechnology industry. There are 521 other stocks in this industry. CBUS outperforms 90% of them.
- CBUS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBUS is lagging the market slightly.
- In the last month CBUS has a been trading in the 1.46 - 3.28 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, CBUS did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CBUS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.50
4 important support areas can be observed.
- A support zone ranging from 2.08 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.79 from a trend line in the weekly time frame.
- Support @1.66 from a trend line in the daily time frame.
- Support @1.52 from a horizontal 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 | UP | POSITIVE | The long term trend for CBUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBUS is up. |
| ChartMill Relative Strength | 96.75 | POSITIVE | CBUS has a high relative strength, it outperformed 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.26 | OVERBOUGHT | The high RSI value suggests CBUS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CBUS has a positive trend. |
| Stochastics (14,3) | 93.01 | OVERBOUGHT | The high Stochastics value suggests CBUS may be overbought. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for CBUS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.07 | POSITIVE | The high ADX value value for CBUS suggests a strong trend. |
3.12
-0.14 (-4.29%)
CIBUS INC / CBUS FAQ
Can you provide the ChartMill technical rating for CIBUS INC?
ChartMill assigns a technical rating of 9 / 10 to CBUS.
What is the current trend direction of CIBUS INC (CBUS) stock?
The current trend direction for CIBUS INC (CBUS) is Bullish.
Can you provide the RSI signal for CIBUS INC?
CIBUS INC (CBUS) has an RSI value of 72.2602. This indicates that the stock is currently overbought.
What is the MACD signal for CBUS stock?
The MACD indicator for CIBUS INC (CBUS) has a value of 0.107211, indicating a bearish trend.
What is the buy/sell signal for CIBUS INC (CBUS) stock?
The buy/sell signal for CIBUS INC (CBUS) is buy as both the short term and long term trends are positive.