USA - NASDAQ:CDTX - US1717572069 - Common Stock
Taking everything into account, CDTX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CDTX is showing a nice and steady performance.
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.
215.53
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 | UP | POSITIVE | The short term trend for CDTX is up. |
| ChartMill Relative Strength | 99.85 | POSITIVE | CDTX has a high relative strength, it outperformed 99.85% 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) | 88.71 | OVERBOUGHT | The high RSI value suggests CDTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.75 | POSITIVE | The MACD value suggests CDTX has a positive trend. |
| Stochastics (14,3) | 77.26 | NEUTRAL | The Stochastics value for CDTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for CDTX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for CDTX suggests a strong trend. |
217.71
+111.72 (+105.41%)
ChartMill assigns a technical rating of 10 / 10 to CDTX.
The current trend direction for CIDARA THERAPEUTICS INC (CDTX) is Bullish.
CIDARA THERAPEUTICS INC (CDTX) has an RSI value of 88.7106. This indicates that the stock is currently overbought.
The buy/sell signal for CIDARA THERAPEUTICS INC (CDTX) is buy as both the short term and long term trends are positive.