C4 THERAPEUTICS INC (CCCC)

US12529R1077 - Common Stock

6.43  -0.11 (-1.68%)

After market: 6.5387 +0.11 (+1.69%)

Technical Rating and Analysis

2

Overall CCCC gets a technical rating of 2 out of 10. Although CCCC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

CCCC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CCCC is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 588 stocks in the same industry.
CCCC has an average volume of 2243330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, CCCC did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CCCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCCC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CCCC Weekly chart
CCCC Daily chart
Setup Rating and Analysis

3

The technical rating of CCCC is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

6.10

10.94

We found 2 important support areas.

  • Support @6.38 from a trend line in the daily time frame.
  • A support zone ranging from 6.16 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 6.44 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.83 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.19
Mansfield3.68
10 Day High7.16
10 Day Low6.12
20 Day High8.08
20 Day Low6.12
52 Week High11.88
52 Week Low1.06
Performance
1 Week3.04%
2 Weeks-6.95%
1 Month-16.71%
3 Month19.74%
6 Month312.18%
12 Month95.44%
2 Year-11.43%
3 Year-82.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)36.53
LBB6.07
UBB7.13
CCCC Daily chart

C4 THERAPEUTICS INC

NASDAQ:CCCC (5/2/2024, 4:01:09 PM)

After market: 6.5387 +0.11 (+1.69%)

6.43

-0.11 (-1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.68%
1 Week3.04%
2 Weeks-6.95%
1 Month-16.71%
3 Month19.74%
6 Month312.18%
12 Month95.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%6.21%
ATR Inc
Range Today0.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.16
10 Day Low6.12
20 Day High8.08
20 Day Low6.12
52 Week High11.88
52 Week Low1.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume981.42K
Volume Incr-11.21%
Vol(5)1.16M
Vol(50)2.24M