CELLECTAR BIOSCIENCES INC (CLRB) Stock Technical Analysis
USA - NASDAQ:CLRB - US15117F8804 - Common Stock
Taking everything into account, CLRB scores 0 out of 10 in our technical rating. CLRB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CLRB has a poor technical rating and the quality of the setup is also only medium 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.
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3.50
When analyzing the resistance we notice one important area.
- Resistance @3.91 from a trend line in the daily time frame.
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 CLRB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLRB is down. |
| ChartMill Relative Strength | 2.4 | NEGATIVE | CLRB has a low relative strength, it was outperformed by 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLRB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLRB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLRB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.3 | NEUTRAL | The RSI value for CLRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CLRB has a positive trend. |
| Stochastics (14,3) | 23.44 | NEUTRAL | The Stochastics value for CLRB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for CLRB suggests high volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for CLRB suggests a strong trend. |
3.54
+0.15 (+4.42%)
CELLECTAR BIOSCIENCES INC / CLRB FAQ
Can you provide the ChartMill technical rating for CELLECTAR BIOSCIENCES INC?
ChartMill assigns a technical rating of 0 / 10 to CLRB.
Can you provide the trend direction for CELLECTAR BIOSCIENCES INC?
The current trend direction for CELLECTAR BIOSCIENCES INC (CLRB) is Bearish.
Can you provide the RSI signal for CELLECTAR BIOSCIENCES INC?
CELLECTAR BIOSCIENCES INC (CLRB) has an RSI value of 38.3025. This indicates that the stock is currently neutral.
What is the MACD signal for CELLECTAR BIOSCIENCES INC (CLRB) stock?
The MACD indicator for CELLECTAR BIOSCIENCES INC (CLRB) has a value of 0.0193345, indicating a bearish trend.
Can you provide the short term momentum for CELLECTAR BIOSCIENCES INC?
The short term momentum for CELLECTAR BIOSCIENCES INC (CLRB) is negative.