USA - NYSEARCA:CHRO - US1711261057 - Common Stock
We assign a technical rating of 4 out of 10 to CHRO. In the past year, CHRO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CHRO has an average technical rating and it also does not offer a high 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.
0.98
We found 1 important support area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for CHRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHRO is up. |
| ChartMill Relative Strength | 42.86 | NEUTRAL | CHRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for CHRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHRO has a positive trend. |
| Stochastics (14,3) | 26.32 | NEUTRAL | The Stochastics value for CHRO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.25 | HIGH VOLATILITY | The high ATR as a percentage value for CHRO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for CHRO suggests a strong trend. |
1.35
+0.09 (+7.14%)
ChartMill assigns a technical rating of 4 / 10 to CHRO.
The current trend direction for CHANNEL THERAPEUTICS CORP (CHRO) is Bearish.
CHANNEL THERAPEUTICS CORP (CHRO) has an RSI value of 60.8946. This indicates that the stock is currently neutral.
The MACD indicator for CHANNEL THERAPEUTICS CORP (CHRO) has a value of 0.0147519, indicating a bearish trend.
The short term momentum for CHANNEL THERAPEUTICS CORP (CHRO) is positive.