Cm Life Sciences II Inc WT (CMIIW) Stock Technical Analysis
NASDAQ:CMIIW - Nasdaq -
Taking everything into account, CMIIW scores 0 out of 10 in our technical rating. CMIIW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CMIIW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CMIIW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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2.65
When analyzing the resistance we notice one important area.
- Resistance @2.76 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for CMIIW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMIIW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMIIW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMIIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMIIW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.35 | NEUTRAL | The RSI value for CMIIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CMIIW has a positive trend. |
| Stochastics (14,3) | 44.3 | NEUTRAL | The Stochastics value for CMIIW is a neutral value. |
| Average True Range in percent/ATR (20) | 17.7 | HIGH VOLATILITY | The high ATR as a percentage value for CMIIW suggests high volalility. |
NASDAQ:CMIIW (9/1/2021, 9:04:14 PM)
2.68
-0.02 (-0.74%)