COMERA LIFE SCIENCES -CW27 (CMRAW) Technical Analysis
NASDAQ:CMRAW
Current stock price
CMRAW Technical Rating and Analysis
Taking everything into account, CMRAW scores 1 out of 10 in our technical rating. CMRAW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CMRAW is a bad performer in the overall market: 95% of all stocks are doing better.
- CMRAW 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 CMRAW is lagging the market.
- In the last month CMRAW has a been trading in the 0.01 - 0.03 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.
- Warning: CMRAW has an average volume of 22100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CMRAW Weekly and Daily overview Charts
CMRAW Setup Rating and Analysis
Although the technical rating is bad, CMRAW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CMRAW 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.
More info and screens
CMRAW Support and Resistance Analysis
0.02
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMRAW Technical Indicator Signal Analysis
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 CMRAW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMRAW is down. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | CMRAW has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMRAW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMRAW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMRAW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.77 | NEUTRAL | The RSI value for CMRAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CMRAW has a positive trend. |
| Stochastics (14,3) | 58.39 | NEUTRAL | The Stochastics value for CMRAW is a neutral value. |
| Average True Range in percent/ATR (20) | 28.89 | HIGH VOLATILITY | The high ATR as a percentage value for CMRAW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.75 | POSITIVE | The high ADX value value for CMRAW suggests a strong trend. |
CMRAW Chart- and CandleStick Pattern Analysis
CMRAW Technicals: Chart, Performance Metrics, Trend & Indicators
0.0193
+0 (+12.21%)
COMERA LIFE SCIENCES -CW27 / CMRAW TA FAQ
What is the ChartMill technical rating of COMERA LIFE SCIENCES -CW27 (CMRAW) stock?
ChartMill assigns a technical rating of 1 / 10 to CMRAW.
What is the trend direction for CMRAW stock?
The current trend direction for COMERA LIFE SCIENCES -CW27 (CMRAW) is Bearish.
What is the RSI signal for COMERA LIFE SCIENCES -CW27 (CMRAW) stock?
COMERA LIFE SCIENCES -CW27 (CMRAW) has an RSI value of 48.765. This indicates that the stock is currently neutral.
What is the short term momentum for CMRAW stock?
The short term momentum for COMERA LIFE SCIENCES -CW27 (CMRAW) is negative.
What is the buy/sell signal for COMERA LIFE SCIENCES -CW27 (CMRAW) stock?
The buy/sell signal for COMERA LIFE SCIENCES -CW27 (CMRAW) is sell as both the short term and long term trends are negative.