CARDIFF ONCOLOGY INC (CRDF) Technical Analysis
NASDAQ:CRDF • US14147L1089
We assign a technical rating of 1 out of 10 to CRDF. CRDF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, CRDF is a bad performer in the overall market: 90% of all stocks are doing better.
- CRDF is part of the Biotechnology industry. There are 520 other stocks in this industry, of which 69% are performing better than CRDF.
- CRDF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRDF is lagging the market.
- CRDF has an average volume of 1244800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CRDF has a been trading in the 1.50 - 2.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CRDF is bad and it also does not present a 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
1.84
We found 1 important support area.
- A support zone ranging from 1.86 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @1.95 from a horizontal line in the weekly time frame.
- Resistance @1.99 from a horizontal line in the daily time frame.
- Resistance @2.69 from a trend line in the weekly time frame.
- Resistance @2.80 from a trend line in the daily time frame.
- Resistance @3.54 from a trend 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 | DOWN | NEGATIVE | The long term trend for CRDF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRDF is neutral. |
| ChartMill Relative Strength | 10.7 | NEGATIVE | CRDF has a low relative strength, it was outperformed by 89.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRDF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRDF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRDF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.97 | NEUTRAL | The RSI value for CRDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CRDF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.27 | NEUTRAL | The Stochastics value for CRDF is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for CRDF suggests high volalility. |
| Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for CRDF suggests a possible start of a new trend. |
CRDF Technicals: Chart, Performance Metrics, Trend & Indicators
1.88
+0.01 (+0.53%)
CARDIFF ONCOLOGY INC / CRDF FAQ
What is the technical rating for CRDF stock?
ChartMill assigns a technical rating of 1 / 10 to CRDF.
What is the current trend direction of CARDIFF ONCOLOGY INC (CRDF) stock?
The current trend direction for CARDIFF ONCOLOGY INC (CRDF) is Bearish.
What is the RSI signal for CARDIFF ONCOLOGY INC (CRDF) stock?
CARDIFF ONCOLOGY INC (CRDF) has an RSI value of 48.9666. This indicates that the stock is currently neutral.
What is the MACD signal for CARDIFF ONCOLOGY INC (CRDF) stock?
The MACD indicator for CARDIFF ONCOLOGY INC (CRDF) has a value of 0.0608874, indicating a bearish trend.
What are the support and resistance levels for CARDIFF ONCOLOGY INC (CRDF) stock?
CARDIFF ONCOLOGY INC (CRDF) has a support level at 1.87 and a resistance level at 1.95. Check the full technical report for our detailed analysis of CRDF support and resistance levels.