Taking everything into account, CDIO scores 0 out of 10 in our technical rating. CDIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CDIO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.03
3 important resistance areas can be observed.
- A resistance zone ranging from 3.03 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.53 from a trend line in the daily time frame.
- Resistance @4.62 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 | 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 | 2.06 | NEGATIVE | CDIO has a low relative strength, it was outperformed by 97.94% 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) | DOWN | NEGATIVE | The current price of CDIO is below a declining 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) | 30.61 | NEUTRAL | The RSI value for CDIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CDIO has a negative trend. |
| Stochastics (14,3) | 10.65 | OVERSOLD | The low Stochastics value suggests CDIO may be oversold. |
| Average True Range in percent/ATR (20) | 18.11 | HIGH VOLATILITY | The high ATR as a percentage value for CDIO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for CDIO suggests a weak or negative trend. |
2.05
-0.35 (-14.58%)
CARDIO DIAGNOSTICS HOLDINGS / CDIO FAQ
What is the technical rating for CDIO stock?
ChartMill assigns a technical rating of 0 / 10 to CDIO.
What is the trend direction for CDIO stock?
The current trend direction for CARDIO DIAGNOSTICS HOLDINGS (CDIO) is Bearish.
What is the RSI signal for CARDIO DIAGNOSTICS HOLDINGS (CDIO) stock?
CARDIO DIAGNOSTICS HOLDINGS (CDIO) has an RSI value of 30.6067. This indicates that the stock is currently neutral.
What is the MACD signal for CARDIO DIAGNOSTICS HOLDINGS (CDIO) stock?
The MACD indicator for CARDIO DIAGNOSTICS HOLDINGS (CDIO) has a value of -0.0950853, indicating a bearish trend.
What is the buy/sell signal for CDIO stock?
The buy/sell signal for CARDIO DIAGNOSTICS HOLDINGS (CDIO) is sell as both the short term and long term trends are negative.