CARDIFF ONCOLOGY INC (CRDF) Stock Technical Analysis
NASDAQ:CRDF - Nasdaq - US14147L1089 - Common Stock - Currency: USD
Overall CRDF gets a technical rating of 0 out of 10. CRDF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CRDF is a bad performer in the overall market: 77% of all stocks are doing better.
CRDF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CRDF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CRDF has an average volume of 2107020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRDF is part of the Biotechnology industry. There are 549 other stocks in this industry, CRDF did better than 52% of them.
Considerably lower volume is observed in the last couple of days.
CRDF has a poor technical rating and the quality of the setup is also not perfect 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
2.29
4.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.31 to 2.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.44 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.18 from a trend line in the weekly time frame.
- Resistance @4.32 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for CRDF is down. |
| ChartMill Relative Strength | 23.22 | NEGATIVE | CRDF has a low relative strength, it was outperformed by 76.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRDF is below a declining 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) | 34.95 | NEUTRAL | The RSI value for CRDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CRDF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.84 | OVERSOLD | The low Stochastics value suggests CRDF may be oversold. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for CRDF suggests high volalility. |
| Average Directional Index/ADX (14) | 29.29 | POSITIVE | The high ADX value value for CRDF suggests a strong trend. |
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)
2.44
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week2.09%
2 Weeks-7.58%
1 Month-42.99%
3 Month-13.17%
6 Month-43.12%
12 Month2.09%
2 Year32.61%
3 Year-9.29%
5 Year-69.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%12.78%
ATR Inc-70.29%
Range Today0.1
ADR(20)0.28
ADR(20)%11.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.22
Mansfield-3.17
10 Day High2.69
10 Day Low2.29
20 Day High4.52
20 Day Low2.29
52 Week High5.64
52 Week Low2.09
CS1 End2.38
CR1 Start2.44
Volume & EV
DER(3)5.41%
DER(5)6.54%
Volume1.41M
Volume Incr-62.78%
Vol(5)1.19M
Vol(50)2.11M