CARIBOU BIOSCIENCES INC (CRBU) Stock Technical Analysis
USA - NASDAQ:CRBU - US1420381089 - Common Stock
We assign a technical rating of 7 out of 10 to CRBU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CRBU is only an average performer.
Besides having an excellent technical rating, CRBU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.98, a Stop Loss order could be placed below this zone.
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1.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.92 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.71 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.64 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CRBU is neutral. |
| ChartMill Relative Strength | 68.38 | NEUTRAL | CRBU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRBU is below 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) | 46.92 | NEUTRAL | The RSI value for CRBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CRBU has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests CRBU may be oversold. |
| Average True Range in percent/ATR (20) | 9.62 | HIGH VOLATILITY | The high ATR as a percentage value for CRBU suggests high volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for CRBU suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 2.65 | 2.31 | 0.34 (12.83%) | 7.79% |
| An entry @2.65. This is a Buy Stop order right above the resistance zone. | An exit @2.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 12.83%. | When investing 7.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
2.32
-0.05 (-2.11%)
CARIBOU BIOSCIENCES INC / CRBU FAQ
Can you provide the ChartMill technical rating for CARIBOU BIOSCIENCES INC?
ChartMill assigns a technical rating of 7 / 10 to CRBU.
Can you provide the trend direction for CARIBOU BIOSCIENCES INC?
The current trend direction for CARIBOU BIOSCIENCES INC (CRBU) is Bullish.
Can you provide the RSI signal for CARIBOU BIOSCIENCES INC?
CARIBOU BIOSCIENCES INC (CRBU) has an RSI value of 46.9157. This indicates that the stock is currently neutral.
What is the MACD signal for CRBU stock?
The MACD indicator for CARIBOU BIOSCIENCES INC (CRBU) has a value of -0.0574438, indicating a bearish trend.
What is the short term momentum for CRBU stock?
The short term momentum for CARIBOU BIOSCIENCES INC (CRBU) is neutral.