CHEMOMAB THERAPEUTICS LTD (CMMB) Stock Technical Analysis
NASDAQ:CMMB - Nasdaq - US16385C1045 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to CMMB. CMMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CMMB is a bad performer in the overall market: 83% of all stocks are doing better.
CMMB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CMMB has a been trading in the 0.91 - 1.23 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.
CMMB is an average performer in the Biotechnology industry, it outperforms 49% of 551 stocks in the same industry.
The technical rating of CMMB 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
0.96
1.31
We can see 2 important resistance areas.
- Resistance @1.10 from a horizontal line in the daily time frame.
- Resistance @1.30 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 CMMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMMB is down. |
| ChartMill Relative Strength | 17.79 | NEGATIVE | CMMB has a low relative strength, it was outperformed by 82.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.68 | OVERSOLD | The low RSI value suggests CMMB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.11 | NEUTRAL | The Stochastics value for CMMB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for CMMB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for CMMB 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)
0.97
-0.01 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.02%
1 Week-9.35%
2 Weeks-11.01%
1 Month-16.38%
3 Month-23.02%
6 Month-51.01%
12 Month3.93%
2 Year-12.61%
3 Year-70.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.28%
ATR Inc-36.4%
Range Today0.05
ADR(20)0.06
ADR(20)%6.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.79
Mansfield-4
10 Day High1.2
10 Day Low0.91
20 Day High1.23
20 Day Low0.91
52 Week High2.55
52 Week Low0.89
CS1 EndN/A
CR1 Start1.1
Volume & EV
DER(3)-11.83%
DER(5)-11.94%
Volume114.80K
Volume Incr-18.6%
Vol(5)106.62K
Vol(50)159.21K