CONDUIT PHARMACEUTICALS INC (CDT) Stock Technical Analysis
NASDAQ:CDT - Nasdaq - US20678X2053 - Common Stock - Currency: USD
Overall CDT gets a technical rating of 0 out of 10. CDT'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, CDT is a bad performer in the overall market: 100% of all stocks are doing better.
CDT is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 92% of 56 stocks in the same industry do better.
CDT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CDT is lagging the market.
In the last month CDT has a been trading in the 3.96 - 8.77 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.
CDT has an average volume of 3319160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of CDT 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
4.07
4.15
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 CDT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDT is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | CDT has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.15 | OVERSOLD | The low RSI value suggests CDT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.97 | OVERSOLD | The low Stochastics value suggests CDT may be oversold. |
| Average True Range in percent/ATR (20) | 17.25 | HIGH VOLATILITY | The high ATR as a percentage value for CDT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for CDT suggests a weak or negative trend. |
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)
4.11
-0.61 (-12.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-12.92%
1 Week-32.84%
2 Weeks-31.5%
1 Month-49.31%
3 Month-76.17%
6 Month-97.37%
12 Month-99.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%17.25%
ATR Inc25.01%
Range Today0.72
ADR(20)0.68
ADR(20)%16.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.48
Mansfield-9.91
10 Day High6.56
10 Day Low3.96
20 Day High8.77
20 Day Low3.96
52 Week High4905
52 Week Low3.96
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-4.88%
DER(5)-4.39%
Volume101.70K
Volume Incr-52.2%
Vol(5)388.70K
Vol(50)3.32M