NASDAQ:CBUS - Nasdaq - US17166A1016 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CBUS. CBUS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CBUS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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When analyzing the resistance we notice 2 important areas.
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 CBUS is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBUS is down. |
ChartMill Relative Strength | 2.91 | NEGATIVE | CBUS has a low relative strength, it was outperformed by 97.09% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBUS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBUS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBUS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 37.33 | NEUTRAL | The RSI value for CBUS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CBUS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 5.36 | OVERSOLD | The low Stochastics value suggests CBUS may be oversold. |
Average True Range in percent/ATR (20) | 17.84 | HIGH VOLATILITY | The high ATR as a percentage value for CBUS suggests high volalility. |
Average Directional Index/ADX (14) | 31.56 | POSITIVE | The high ADX value value for CBUS suggests a strong trend. |
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+0.01 (+0.67%)