CONTRAFECT CORP (CFRX) Technical Analysis
NASDAQ:CFRX • US2123264093
Current stock price
CFRX Technical Rating and Analysis
Overall CFRX gets a technical rating of 0 out of 10. CFRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, CFRX is a bad performer in the overall market: 100% of all stocks are doing better.
- CFRX is part of the Biotechnology industry. There are 515 other stocks in this industry, of which 92% are performing better than CFRX.
- CFRX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month CFRX has a been trading in the 0.20 - 0.67 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.
- Considerably lower volume is observed in the last couple of days.
CFRX Weekly and Daily overview Charts
CFRX Setup Rating and Analysis
The technical rating of CFRX 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.
More info and screens
CFRX Support and Resistance Analysis
0.23
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
CFRX Technical Indicator Signal Analysis
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 CFRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFRX is down. |
| ChartMill Relative Strength | 0.6 | NEGATIVE | CFRX has a low relative strength, it was outperformed by 99.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.05 | OVERSOLD | The low RSI value suggests CFRX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CFRX has a positive trend. |
| Stochastics (14,3) | 9.02 | OVERSOLD | The low Stochastics value suggests CFRX may be oversold. |
| Average True Range in percent/ATR (20) | 27.1 | HIGH VOLATILITY | The high ATR as a percentage value for CFRX suggests high volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for CFRX suggests a weak or negative trend. |
CFRX Chart- and CandleStick Pattern Analysis
CFRX Technicals: Chart, Performance Metrics, Trend & Indicators
0.2318
+0.01 (+2.84%)
CONTRAFECT CORP / CFRX TA FAQ
What is the technical rating for CFRX stock?
ChartMill assigns a technical rating of 0 / 10 to CFRX.
Can you provide the trend direction for CONTRAFECT CORP?
The current trend direction for CONTRAFECT CORP (CFRX) is Bearish.
What is the RSI signal for CFRX stock?
CONTRAFECT CORP (CFRX) has an RSI value of 28.0455. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CONTRAFECT CORP?
The MACD indicator for CONTRAFECT CORP (CFRX) has a value of 0.000556477, indicating a bearish trend.
What is the short term momentum for CONTRAFECT CORP (CFRX) stock?
The short term momentum for CONTRAFECT CORP (CFRX) is negative.