Overall CRBP gets a technical rating of 0 out of 10. CRBP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CRBP has a poor technical rating and the quality of the setup is also not perfect 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.
7.74
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 CRBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRBP is down. |
| ChartMill Relative Strength | 7.85 | NEGATIVE | CRBP has a low relative strength, it was outperformed by 92.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRBP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.27 | NEUTRAL | The RSI value for CRBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CRBP has a positive trend. |
| Stochastics (14,3) | 67.63 | NEUTRAL | The Stochastics value for CRBP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for CRBP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for CRBP suggests a possible start of a new trend. |
8.31
-0.05 (-0.6%)
ChartMill assigns a technical rating of 0 / 10 to CRBP.
The current trend direction for CORBUS PHARMACEUTICALS HOLDI (CRBP) is Bearish.
CORBUS PHARMACEUTICALS HOLDI (CRBP) has an RSI value of 38.2668. This indicates that the stock is currently neutral.
The MACD indicator for CORBUS PHARMACEUTICALS HOLDI (CRBP) has a value of 0.152107, indicating a bearish trend.
The short term momentum for CORBUS PHARMACEUTICALS HOLDI (CRBP) is negative.