Overall CRDL gets a technical rating of 1 out of 10. CRDL'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.
Although the technical rating is bad, CRDL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.05. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CRDL 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
0.93
When analyzing the support we can see 3 important areas.
- Support @0.99 from a trend line in the weekly time frame.
- Support @0.97 from a horizontal line in the weekly time frame.
- Support @0.94 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.13 from a trend line in the daily time frame.
- Resistance @1.22 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 CRDL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRDL is neutral. |
| ChartMill Relative Strength | 18.25 | NEGATIVE | CRDL has a low relative strength, it was outperformed by 81.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRDL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRDL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRDL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.15 | NEUTRAL | The RSI value for CRDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CRDL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.94 | NEUTRAL | The Stochastics value for CRDL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for CRDL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.67 | NEGATIVE | The low ADX value for CRDL suggests a weak or negative trend. |
1.01
+0.01 (+1%)
CARDIOL THERAPEUTICS INC-A / CRDL FAQ
What is the ChartMill technical rating of CARDIOL THERAPEUTICS INC-A (CRDL) stock?
ChartMill assigns a technical rating of 1 / 10 to CRDL.
What is the trend direction for CRDL stock?
The current trend direction for CARDIOL THERAPEUTICS INC-A (CRDL) is Bearish.
Can you provide the RSI signal for CARDIOL THERAPEUTICS INC-A?
CARDIOL THERAPEUTICS INC-A (CRDL) has an RSI value of 47.1518. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARDIOL THERAPEUTICS INC-A?
The MACD indicator for CARDIOL THERAPEUTICS INC-A (CRDL) has a value of 0.00255329, indicating a bearish trend.
Can you provide the short term momentum for CARDIOL THERAPEUTICS INC-A?
The short term momentum for CARDIOL THERAPEUTICS INC-A (CRDL) is neutral.