CARIBOU BIOSCIENCES INC (CRBU) Technical Analysis
NASDAQ:CRBU • US1420381089
Current stock price
CRBU Technical Rating and Analysis
Overall CRBU gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRBU is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CRBU did better than 97% of all other stocks.
- CRBU is part of the Biotechnology industry. There are 516 other stocks in this industry. CRBU outperforms 89% of them.
- In the last month CRBU has a been trading in the 1.69 - 2.39 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CRBU has an average volume of 1342310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CRBU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRBU is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CRBU Weekly and Daily overview Charts
CRBU Setup Rating and Analysis
Although CRBU has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
CRBU Support and Resistance Analysis
1.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.94 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @1.84 from a trend line in the daily time frame.
- A support zone ranging from 1.71 to 1.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.64 to 2.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
CRBU 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 | UP | POSITIVE | The long term trend for CRBU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRBU is up. |
| ChartMill Relative Strength | 97.16 | POSITIVE | CRBU has a high relative strength, it outperformed 97.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRBU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRBU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRBU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.16 | NEUTRAL | The RSI value for CRBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CRBU has a positive trend. |
| Stochastics (14,3) | 91.16 | OVERBOUGHT | The high Stochastics value suggests CRBU may be overbought. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for CRBU suggests high volalility. |
| Average Directional Index/ADX (14) | 25.28 | POSITIVE | The high ADX value value for CRBU suggests a strong trend. |
CRBU Chart- and CandleStick Pattern Analysis
CRBU Technicals: Chart, Performance Metrics, Trend & Indicators
2.36
+0.11 (+4.89%)
CARIBOU BIOSCIENCES INC / CRBU TA FAQ
Can you provide the ChartMill technical rating for CARIBOU BIOSCIENCES INC?
ChartMill assigns a technical rating of 10 / 10 to CRBU.
What is the trend direction for CRBU stock?
The current trend direction for CARIBOU BIOSCIENCES INC (CRBU) is Bullish.
What is the RSI signal for CRBU stock?
CARIBOU BIOSCIENCES INC (CRBU) has an RSI value of 68.1642. This indicates that the stock is currently neutral.
What is the short term momentum for CARIBOU BIOSCIENCES INC (CRBU) stock?
The short term momentum for CARIBOU BIOSCIENCES INC (CRBU) is positive.
Can you provide the support and resistance levels for CARIBOU BIOSCIENCES INC?
CARIBOU BIOSCIENCES INC (CRBU) has a support level at 1.97 and a resistance level at 2.64. Check the full technical report for our detailed analysis of CRBU support and resistance levels.