Taking everything into account, CDNA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CDNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CDNA has an excellent technical rating, it does not offer a high 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.
More info and screens
12.78
4 important support areas can be observed.
- Support @17.21 from a trend line in the daily time frame.
- A support zone ranging from 15.96 to 16.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.54 from a horizontal line in the daily time frame.
- Support @12.91 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for CDNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDNA is up. |
| ChartMill Relative Strength | 84.97 | POSITIVE | CDNA has a high relative strength, it outperformed 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CDNA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.04 | OVERBOUGHT | The high RSI value suggests CDNA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CDNA has a positive trend. |
| Stochastics (14,3) | 95.13 | OVERBOUGHT | The high Stochastics value suggests CDNA may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CDNA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.58 | POSITIVE | The high ADX value value for CDNA suggests a strong trend. |
20.56
+0.76 (+3.84%)
CAREDX INC / CDNA FAQ
What is the ChartMill technical rating of CAREDX INC (CDNA) stock?
ChartMill assigns a technical rating of 9 / 10 to CDNA.
Can you provide the trend direction for CAREDX INC?
The current trend direction for CAREDX INC (CDNA) is Bullish.
What is the RSI signal for CDNA stock?
CAREDX INC (CDNA) has an RSI value of 72.0406. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for CAREDX INC?
The buy/sell signal for CAREDX INC (CDNA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CAREDX INC?
CAREDX INC (CDNA) has a support level at 17.21. Check the full technical report for our detailed analysis of CDNA support and resistance levels.