CARDIO DIAGNOSTICS HOLDINGS (CDIO) Technical Analysis
NASDAQ:CDIO • US14159C2026
Current stock price
CDIO Technical Rating and Analysis
Taking everything into account, CDIO scores 1 out of 10 in our technical rating. CDIO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CDIO is a bad performer in the overall market: 95% of all stocks are doing better.
- CDIO is one of the lesser performing stocks in the Biotechnology industry. 80% of 516 stocks in the same industry do better.
- CDIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CDIO has an average volume of 4490030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CDIO has a been trading in the 1.66 - 2.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CDIO Weekly and Daily overview Charts
CDIO Setup Rating and Analysis
Although the technical rating is bad, CDIO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CDIO Support and Resistance Analysis
1.72
3 important support areas can be observed.
- Support @1.90 from a trend line in the daily time frame.
- Support @1.83 from a horizontal line in the weekly time frame.
- Support @1.74 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.02 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.58 from a trend line in the weekly time frame.
CDIO Technical Indicator Signal Analysis
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 CDIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDIO is down. |
| ChartMill Relative Strength | 5.93 | NEGATIVE | CDIO has a low relative strength, it was outperformed by 94.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CDIO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.89 | NEUTRAL | The RSI value for CDIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CDIO has a positive trend. |
| Stochastics (14,3) | 34.8 | NEUTRAL | The Stochastics value for CDIO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for CDIO suggests high volalility. |
| Average Directional Index/ADX (14) | 9.66 | NEGATIVE | The low ADX value for CDIO suggests a weak or negative trend. |
CDIO Chart- and CandleStick Pattern Analysis
CDIO Technicals: Chart, Performance Metrics, Trend & Indicators
1.91
+0.03 (+1.6%)
CARDIO DIAGNOSTICS HOLDINGS / CDIO TA FAQ
What is the technical rating for CDIO stock?
ChartMill assigns a technical rating of 1 / 10 to CDIO.
What is the trend direction for CDIO stock?
The current trend direction for CARDIO DIAGNOSTICS HOLDINGS (CDIO) is Bearish.
Can you provide the RSI signal for CARDIO DIAGNOSTICS HOLDINGS?
CARDIO DIAGNOSTICS HOLDINGS (CDIO) has an RSI value of 40.8925. This indicates that the stock is currently neutral.
What is the short term momentum for CDIO stock?
The short term momentum for CARDIO DIAGNOSTICS HOLDINGS (CDIO) is negative.
What are the support and resistance levels for CARDIO DIAGNOSTICS HOLDINGS (CDIO) stock?
CARDIO DIAGNOSTICS HOLDINGS (CDIO) has a support level at 1.9 and a resistance level at 2.02. Check the full technical report for our detailed analysis of CDIO support and resistance levels.