CONNECT BIOPHARMA HOLDINGS L (CNTB)

US2075231017 - ADR

1.72  -0.1 (-5.49%)

Technical Rating and Analysis

9

Taking everything into account, CNTB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNTB is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
CNTB is part of the Biotechnology industry. There are 587 other stocks in this industry. CNTB outperforms 85% of them.
When comparing the yearly performance of all stocks, we notice that CNTB is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CNTB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNTB is lagging the market.
In the last month CNTB has a been trading in the 1.28 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CNTB Weekly chart
CNTB Daily chart
Setup Rating and Analysis

5

Although CNTB has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

1.01

1.97

We found 3 important support areas.

  • A support zone ranging from 1.48 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.42 from a trend line in the daily time frame.
  • Support @1.02 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @1.95 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.73
Mansfield2.7
10 Day High2.08
10 Day Low1.4
20 Day High2.08
20 Day Low1.28
52 Week High2.84
52 Week Low0.53
Performance
1 Week20.28%
2 Weeks10.97%
1 Month13.16%
3 Month32.31%
6 Month-16.1%
12 Month56.36%
2 Year115%
3 Year-88.44%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)55.7
LBB1.23
UBB1.88
CNTB Daily chart

CONNECT BIOPHARMA HOLDINGS L

NASDAQ:CNTB (5/16/2024, 7:00:00 PM)

1.72

-0.1 (-5.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.49%
1 Week20.28%
2 Weeks10.97%
1 Month13.16%
3 Month32.31%
6 Month-16.1%
12 Month56.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%9.95%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.08
10 Day Low1.4
20 Day High2.08
20 Day Low1.28
52 Week High2.84
52 Week Low0.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume102.20K
Volume Incr109.93%
Vol(5)144.56K
Vol(50)136.04K