CARDIOL THERAPEUTICS INC-A (CRDL) Technical Analysis
NASDAQ:CRDL • CA14161Y2006
Current stock price
CRDL Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to CRDL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRDL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- CRDL is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. CRDL outperforms 75% of them.
- A new 52 week high is currently being made by CRDL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month CRDL has a been trading in the 1.05 - 1.71 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, CRDL did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
CRDL Weekly and Daily overview Charts
CRDL Setup Rating and Analysis
Although CRDL has an excellent technical rating, it does not offer a high 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
CRDL Support and Resistance Analysis
0.92
When analyzing the support we can see 2 important areas.
- Support @1.29 from a horizontal line in the daily time frame.
- A support zone ranging from 0.93 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.52 from a horizontal line in the weekly time frame.
CRDL 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 CRDL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRDL is up. |
| ChartMill Relative Strength | 87.75 | POSITIVE | CRDL has a high relative strength, it outperformed 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRDL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.74 | NEUTRAL | The RSI value for CRDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CRDL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.39 | NEUTRAL | The Stochastics value for CRDL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for CRDL suggests high volalility. |
| Average Directional Index/ADX (14) | 40.37 | POSITIVE | The high ADX value value for CRDL suggests a strong trend. |
CRDL Chart- and CandleStick Pattern Analysis
CRDL Technicals: Chart, Performance Metrics, Trend & Indicators
1.51
-0.12 (-7.36%)
CARDIOL THERAPEUTICS INC-A / CRDL TA FAQ
What is the ChartMill technical rating of CARDIOL THERAPEUTICS INC-A (CRDL) stock?
ChartMill assigns a technical rating of 9 / 10 to CRDL.
What is the current trend direction of CARDIOL THERAPEUTICS INC-A (CRDL) stock?
The current trend direction for CARDIOL THERAPEUTICS INC-A (CRDL) is Bullish.
What is the RSI signal for CRDL stock?
CARDIOL THERAPEUTICS INC-A (CRDL) has an RSI value of 63.735. This indicates that the stock is currently neutral.
What is the short term momentum for CRDL stock?
The short term momentum for CARDIOL THERAPEUTICS INC-A (CRDL) is positive.
What are the support and resistance levels for CARDIOL THERAPEUTICS INC-A (CRDL) stock?
CARDIOL THERAPEUTICS INC-A (CRDL) has a support level at 1.29 and a resistance level at 1.52. Check the full technical report for our detailed analysis of CRDL support and resistance levels.