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.
- 97% of all other stocks performed better in the past year than CMMB.
- CMMB is part of the Biotechnology industry. There are 523 other stocks in this industry, of which 84% are performing better than CMMB.
- 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 1.42 - 1.87 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, CMMB does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.51
We can see 3 important resistance areas.
- A resistance zone ranging from 1.66 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.75 from a trend line in the weekly time frame.
- Resistance @1.87 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 | 3.46 | NEGATIVE | CMMB has a low relative strength, it was outperformed by 96.54% 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) | 39.05 | NEUTRAL | The RSI value for CMMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CMMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.65 | NEUTRAL | The Stochastics value for CMMB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for CMMB suggests high volalility. |
| Average Directional Index/ADX (14) | 31.26 | POSITIVE | The high ADX value value for CMMB suggests a strong trend. |
1.5303
+0.08 (+5.54%)
CHEMOMAB THERAPEUTICS LTD / CMMB FAQ
Can you provide the ChartMill technical rating for CHEMOMAB THERAPEUTICS LTD?
ChartMill assigns a technical rating of 0 / 10 to CMMB.
What is the trend direction for CMMB stock?
The current trend direction for CHEMOMAB THERAPEUTICS LTD (CMMB) is Bearish.
What is the RSI signal for CMMB stock?
CHEMOMAB THERAPEUTICS LTD (CMMB) has an RSI value of 39.0466. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHEMOMAB THERAPEUTICS LTD?
The MACD indicator for CHEMOMAB THERAPEUTICS LTD (CMMB) has a value of 0.00412516, indicating a bearish trend.
Can you provide the support and resistance levels for CHEMOMAB THERAPEUTICS LTD?
CHEMOMAB THERAPEUTICS LTD (CMMB) has a resistance level at 1.66. Check the full technical report for our detailed analysis of CMMB support and resistance levels.