CONNECT BIOPHARMA HOLDINGS L (CNTB) Stock Technical Analysis
USA - NASDAQ:CNTB - US2075231017 - Common Stock
We assign a technical rating of 3 out of 10 to CNTB. CNTB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, CNTB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.66. Right above this resistance zone may be a good entry point.
More info and screens
1.48
When analyzing the support we can see 3 important areas.
- Support @1.61 from a trend line in the daily time frame.
- Support @1.54 from a horizontal line in the daily time frame.
- A support zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.66 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.79 from a trend line in the daily time frame.
- A resistance zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CNTB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNTB is neutral. |
| ChartMill Relative Strength | 79.73 | POSITIVE | CNTB has a high relative strength, it outperformed 79.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNTB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNTB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNTB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.26 | NEUTRAL | The RSI value for CNTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNTB has a positive trend. |
| Stochastics (14,3) | 57.95 | NEUTRAL | The Stochastics value for CNTB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for CNTB suggests high volalility. |
| Average Directional Index/ADX (14) | 9.23 | NEGATIVE | The low ADX value for CNTB suggests a weak or negative trend. |
NASDAQ:CNTB (11/6/2025, 8:00:01 PM)
1.66
-0.03 (-1.48%)
CONNECT BIOPHARMA HOLDINGS L / CNTB FAQ
Can you provide the ChartMill technical rating for CONNECT BIOPHARMA HOLDINGS L?
ChartMill assigns a technical rating of 3 / 10 to CNTB.
What is the current trend direction of CONNECT BIOPHARMA HOLDINGS L (CNTB) stock?
The current trend direction for CONNECT BIOPHARMA HOLDINGS L (CNTB) is Bullish.
What is the RSI signal for CNTB stock?
CONNECT BIOPHARMA HOLDINGS L (CNTB) has an RSI value of 49.262. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CONNECT BIOPHARMA HOLDINGS L?
The short term momentum for CONNECT BIOPHARMA HOLDINGS L (CNTB) is neutral.
Can you provide the support and resistance levels for CONNECT BIOPHARMA HOLDINGS L?
CONNECT BIOPHARMA HOLDINGS L (CNTB) has a support level at 1.61 and a resistance level at 1.66. Check the full technical report for our detailed analysis of CNTB support and resistance levels.