CHEMOMAB THERAPEUTICS LTD (CMMB) Stock Technical Analysis
NASDAQ:CMMB - Nasdaq - US16385C1045 - ADR - Currency: USD
Taking everything into account, CMMB scores 1 out of 10 in our technical rating. CMMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CMMB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CMMB has a been trading in the 1.10 - 1.37 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, CMMB turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
CMMB is an average performer in the Biotechnology industry, it outperforms 67% of 555 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
CMMB has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.04
1.43
We found 4 important support areas.
- Support @1.16 from a trend line in the daily time frame.
- Support @1.14 from a horizontal line in the daily time frame.
- Support @1.09 from a trend line in the weekly time frame.
- Support @1.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.16 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.35 from a trend line in the daily time frame.
- Resistance @1.42 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 | 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 | 59.4 | NEUTRAL | CMMB is not amongst the best or worst performers 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) | 37.39 | NEUTRAL | The RSI value for CMMB is a neutral value. |
| 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) | 33.44 | NEUTRAL | The Stochastics value for CMMB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for CMMB suggests high volalility. |
| Average Directional Index/ADX (14) | 31.67 | POSITIVE | The high ADX value value for CMMB suggests a strong 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)
1.16
+0.01 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.87%
1 Week-2.82%
2 Weeks-4.92%
1 Month-13.81%
3 Month10.48%
6 Month-45.54%
12 Month17.78%
2 Year-9.37%
3 Year-61.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.58%
ATR Inc-20.1%
Range Today0.03
ADR(20)0.06
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.4
Mansfield-2.83
10 Day High1.25
10 Day Low1.15
20 Day High1.37
20 Day Low1.1
52 Week High2.55
52 Week Low0.87
CS1 End1.16
CR1 Start1.16
Volume & EV
DER(3)-6.05%
DER(5)-7.13%
Volume39.70K
Volume Incr-57.91%
Vol(5)89.56K
Vol(50)151.89K