CIDARA THERAPEUTICS INC (CDTX) Stock Technical Analysis
NASDAQ:CDTX - Nasdaq - US1717572069 - Common Stock - Currency: USD
Overall CDTX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CDTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CDTX did better than 98% of all other stocks. We also observe that the gains produced by CDTX over the past year are nicely spread over this period.
CDTX is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 558 stocks in the same industry.
CDTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CDTX is leading the market.
In the last month CDTX has a been trading in the 20.16 - 45.39 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CDTX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
44.50
45.40
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 CDTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDTX is neutral. |
| ChartMill Relative Strength | 98.98 | POSITIVE | CDTX has a high relative strength, it outperformed 98.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.9 | OVERBOUGHT | The high RSI value suggests CDTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests CDTX has a positive trend. |
| Stochastics (14,3) | 37.91 | NEUTRAL | The Stochastics value for CDTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for CDTX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for CDTX suggests a possible start of a new 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)
44.95
+23.93 (+113.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg113.84%
1 Week96.8%
2 Weeks78.23%
1 Month74.9%
3 Month100.76%
6 Month89.74%
12 Month276.47%
2 Year98.89%
3 Year359.99%
5 Year-39.09%
10 Year-83.97%
15 YearN/A
Volatility
ATR(14)3.21
ATR(20)%6.12%
ATR Inc739.63%
Range Today7.63
ADR(20)1.89
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.98
Mansfield13.22
10 Day High45.39
10 Day Low20.16
20 Day High45.39
20 Day Low20.16
52 Week High45.39
52 Week Low10.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.79%
DER(5)-2.44%
Volume6.58M
Volume Incr572.68%
Vol(5)1.48M
Vol(50)293.14K