CLEARMIND MEDICINE INC (CMND) Stock Technical Analysis
NASDAQ:CMND - Nasdaq - CA1850534027 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CMND. CMND'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than CMND.
CMND is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 60% are performing better than CMND.
CMND is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CMND is lagging the market.
In the last month CMND has a been trading in the 0.86 - 1.07 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.
Considerably lower volume is observed in the last couple of days.
The technical rating of CMND 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
0.84
1.62
When analyzing the resistance we notice 4 important areas.
- Resistance @0.94 from a trend line in the daily time frame.
- A resistance zone ranging from 0.96 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.12 from a trend line in the weekly time frame.
- Resistance @1.60 from a trend line in the weekly 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 CMND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMND is down. |
| ChartMill Relative Strength | 11.69 | NEGATIVE | CMND has a low relative strength, it was outperformed by 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.35 | NEUTRAL | The RSI value for CMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMND has a negative trend. |
| Stochastics (14,3) | 2.71 | OVERSOLD | The low Stochastics value suggests CMND may be oversold. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for CMND suggests high volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for CMND suggests a possible start of a new 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)
NASDAQ:CMND (6/13/2025, 2:24:11 PM)
0.8529
0 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.4%
1 Week-8.89%
2 Weeks-11.45%
1 Month-11.73%
3 Month-24.89%
6 Month-41.88%
12 Month-22.86%
2 Year-93.99%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.21%
ATR Inc-36.9%
Range Today0.1
ADR(20)0.06
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.69
Mansfield-3.74
10 Day High1.05
10 Day Low0.86
20 Day High1.07
20 Day Low0.86
52 Week High2.3
52 Week Low0.85
CS1 EndN/A
CR1 Start0.94
Volume & EV
DER(3)-1.79%
DER(5)-4.66%
Volume88.84K
Volume Incr10.86%
Vol(5)123.20K
Vol(50)295.53K