CAREDX INC (CDNA) Stock Technical Analysis
NASDAQ:CDNA - Nasdaq - US14167L1035 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CDNA. Although CDNA 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CDNA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CDNA has a been trading in the 14.86 - 20.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CDNA is part of the Biotechnology industry. There are 567 other stocks in this industry. CDNA outperforms 84% of them.
Looking at the yearly performance, CDNA did better than 82% of all other stocks. We also observe that the gains produced by CDNA over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
The technical rating of CDNA 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
14.85
21.11
We can see 3 important resistance areas.
- A resistance zone ranging from 17.73 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.02 from a trend line in the daily time frame.
- Resistance @20.90 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.69
Mansfield-3.06
10 Day High19.5
10 Day Low14.86
20 Day High20.13
20 Day Low14.86
52 Week High34.84
52 Week Low9.64
Performance
1 Week-18.83%
2 Weeks-14.87%
1 Month-13.64%
3 Month-35.62%
6 Month-33.75%
12 Month54.32%
2 Year87.97%
3 Year-40.36%
5 Year-53.3%
10 Year211.2%
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)-0.24
RSI(14)31.37
LBB15.18
UBB20.07
15
-0.07 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.46%
1 Week-18.83%
2 Weeks-14.87%
1 Month-13.64%
3 Month-35.62%
6 Month-33.75%
12 Month54.32%
2 Year87.97%
3 Year-40.36%
5 Year-53.3%
10 Year211.2%
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%9.14%
ATR Inc77.6%
Range Today1.16
ADR(20)1.31
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.69
Mansfield-3.06
10 Day High19.5
10 Day Low14.86
20 Day High20.13
20 Day Low14.86
52 Week High34.84
52 Week Low9.64
CS1 EndN/A
CR1 Start17.73
Volume & EV
DER(3)0.33%
DER(5)2.42%
Volume1.59M
Volume Incr164.08%
Vol(5)1.73M
Vol(50)836.77K