CORBUS PHARMACEUTICALS HOLDI (CRBP)
US21833P3010 - Common Stock
Overall CRBP gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CRBP has a been trading in the 32.03 - 45.00 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.
CRBP is part of the Biotechnology industry. There are 588 other stocks in this industry. CRBP outperforms 97% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, CRBP did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CRBP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRBP is lagging the market slightly.
CRBP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
32.76
41.35
We found 1 important support area.
- A support zone ranging from 33.09 to 33.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @40.94 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.89
Mansfield12.74
10 Day High45
10 Day Low32.03
20 Day High45
20 Day Low32.03
52 Week High49.87
52 Week Low3.03
Performance
1 Week-12.72%
2 Weeks-16.16%
1 Month-12.72%
3 Month16.14%
6 Month557.39%
12 Month290.09%
2 Year237.07%
3 Year-36.57%
5 Year-84.01%
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)-0.89
RSI(14)43.27
LBB32.94
UBB43.05
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.56 | 33.08 | 4.48 (11.93%) | 8.38% |
| An entry @37.56. This is a Buy Stop order right above the 10 day moving average. | An exit @33.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.48 points, which is 11.93%. | For a 1.00% total portfolio risk, you can invest 8.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CRBP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CORBUS PHARMACEUTICALS HOLDI
NASDAQ:CRBP (4/26/2024, 7:00:00 PM)
After market: 34.25 0 (0%)34.25
+0.75 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.24%
1 Week-12.72%
2 Weeks-16.16%
1 Month-12.72%
3 Month16.14%
6 Month557.39%
12 Month290.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.41
ATR(20)%9.95%
ATR Inc
Range Today2.35
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 High45
10 Day Low32.03
20 Day High45
20 Day Low32.03
52 Week High49.87
52 Week Low3.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume96.80K
Volume Incr-9.94%
Vol(5)211.06K
Vol(50)302.97K