CARIBOU BIOSCIENCES INC (CRBU) Technical Analysis
NASDAQ:CRBU • US1420381089
Current stock price
CRBU Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CRBU. CRBU has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CRBU is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CRBU over the past year are nicely spread over this period.
- CRBU is part of the Biotechnology industry. There are 518 other stocks in this industry. CRBU outperforms 73% of them.
- In the last month CRBU has a been trading in the 1.51 - 2.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CRBU has an average volume of 1271300 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 trading in the upper part of its 52 week range, so CRBU is lagging the market slightly.
CRBU Weekly and Daily overview Charts
CRBU Setup Rating and Analysis
CRBU has an excellent technical rating and 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. We notice that large players showed an interest for CRBU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CRBU Support and Resistance Analysis
1.45
We found 4 important support areas.
- Support @1.80 from a trend line in the daily time frame.
- A support zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.53 from a trend line in the weekly time frame.
- Support @1.46 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.90 from a horizontal line in the weekly time frame.
- Resistance @2.03 from a trend line in the daily time frame.
- A resistance zone ranging from 2.12 to 2.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.68 from a horizontal line 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 | 91.52 | POSITIVE | CRBU has a high relative strength, it outperformed 91.52% 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) | 53.26 | NEUTRAL | The RSI value for CRBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CRBU has a negative trend. |
| Stochastics (14,3) | 40.25 | NEUTRAL | The Stochastics value for CRBU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.93 | HIGH VOLATILITY | The high ATR as a percentage value for CRBU suggests high volalility. |
| Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for CRBU suggests a strong trend. |
CRBU Chart- and CandleStick Pattern Analysis
CRBU Example Setup
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 |
|---|---|---|---|
| 1.91 | 1.79 | 0.12 (6.28%) | 15.92% |
| An entry @1.91. This is a Buy Stop order right above the resistance zone. | An exit @1.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 6.28%. | When investing 15.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CRBU. 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.
CRBU Technicals: Chart, Performance Metrics, Trend & Indicators
1.87
-0.01 (-0.53%)
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.
Can you provide the RSI signal for CARIBOU BIOSCIENCES INC?
CARIBOU BIOSCIENCES INC (CRBU) has an RSI value of 53.2562. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARIBOU BIOSCIENCES INC?
The MACD indicator for CARIBOU BIOSCIENCES INC (CRBU) has a value of -0.0049599, indicating a bearish trend.
Can you provide the buy/sell signal for CARIBOU BIOSCIENCES INC?
The buy/sell signal for CARIBOU BIOSCIENCES INC (CRBU) is buy as both the short term and long term trends are positive.