CAREDX INC (CDNA)

US14167L1035 - Common Stock

9.065  +1.3 (+16.82%)

Technical Rating and Analysis

0

Taking everything into account, CDNA scores 0 out of 10 in our technical rating. CDNA'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CDNA is a bad performer in the overall market: 77% of all stocks are doing better.
CDNA is part of the Biotechnology industry. There are 588 other stocks in this industry, CDNA did better than 56% of them.
CDNA 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 CDNA is lagging the market slightly.
In the last month CDNA has a been trading in the 7.42 - 10.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CDNA Weekly chart
CDNA Daily chart
Setup Rating and Analysis

2

The technical rating of CDNA 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

7.47

12.49

We found 3 important support areas.

  • Support @8.77 from a trend line in the daily time frame.
  • Support @8.32 from a horizontal line in the daily time frame.
  • A support zone ranging from 7.55 to 7.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • Resistance @10.43 from a trend line in the weekly time frame.
  • Resistance @11.01 from a trend line in the weekly time frame.
  • Resistance @11.37 from a trend line in the daily time frame.
  • Resistance @12.00 from a horizontal line in the weekly time frame.
  • Resistance @12.37 from a horizontal line in the daily 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
CRS23.54
Mansfield-1.96
10 Day High8.76
10 Day Low7.42
20 Day High10.3
20 Day Low7.42
52 Week High12.93
52 Week Low4.8
Performance
1 Week-5.71%
2 Weeks-1.15%
1 Month-22.01%
3 Month-11.01%
6 Month22.98%
12 Month-7.51%
2 Year-74.51%
3 Year-90.19%
5 Year-71.48%
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)-0.04
RSI(14)38.01
LBB7.35
UBB8.91
CDNA Daily chart

CAREDX INC

NASDAQ:CDNA (5/1/2024, 1:44:05 PM)

9.065

+1.3 (+16.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg16.82%
1 Week-5.71%
2 Weeks-1.15%
1 Month-22.01%
3 Month-11.01%
6 Month22.98%
12 Month-7.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%6.47%
ATR Inc
Range Today1.53
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 High8.76
10 Day Low7.42
20 Day High10.3
20 Day Low7.42
52 Week High12.93
52 Week Low4.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.46M
Volume Incr8.78%
Vol(5)674.62K
Vol(50)805.62K