CELSION CORP (CLSN) Stock Technical Analysis
NASDAQ:CLSN - Nasdaq - US15117N6022 - Common Stock - Currency: USD
Overall CLSN gets a technical rating of 0 out of 10. CLSN 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.
86% of all other stocks performed better in the past year than CLSN.
CLSN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CLSN is lagging the market.
In the last month CLSN has a been trading in the 1.91 - 2.56 range, which is quite wide. It is currently trading near the lows of this range.
CLSN is part of the Biotechnology industry. There are 561 other stocks in this industry, CLSN did better than 54% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of CLSN 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
1.79
2.25
We found 2 important support areas.
- Support @1.95 from a horizontal line in the daily time frame.
- A support zone ranging from 1.81 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.98 to 1.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.09 to 2.09. 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 2.21 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CLSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLSN is down. |
| ChartMill Relative Strength | 14.72 | NEGATIVE | CLSN has a low relative strength, it was outperformed by 85.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.16 | NEUTRAL | The RSI value for CLSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CLSN has a negative trend. |
| Stochastics (14,3) | 18.25 | OVERSOLD | The low Stochastics value suggests CLSN may be oversold. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for CLSN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for CLSN suggests a weak or negative 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)
1.96
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-6.67%
2 Weeks0.51%
1 Month-15.52%
3 Month3.16%
6 Month-64.3%
12 Month-87.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.16%
ATR Inc-37.9%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.72
Mansfield-6.1
10 Day High2.3
10 Day Low1.93
20 Day High2.56
20 Day Low1.91
52 Week High15.75
52 Week Low1.8
CS1 End1.95
CR1 Start1.98
Volume & EV
DER(3)2.82%
DER(5)4.63%
Volume67.90K
Volume Incr-20.01%
Vol(5)36.88K
Vol(50)64.04K