CARDIOL THERAPEUTICS INC-A (CRDL) Stock Technical Analysis
NASDAQ:CRDL - Nasdaq - CA14161Y2006 - Common Stock - Currency: USD
Taking everything into account, CRDL scores 4 out of 10 in our technical rating. CRDL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
81% of all other stocks performed better in the past year than CRDL.
CRDL 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CRDL is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, CRDL did better than 43% of them.
In the last month CRDL has a been trading in the 1.14 - 1.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRDL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone.
More info and screens
0.82
1.56
We found 3 important support areas.
- A support zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 from a trend line in the weekly time frame.
- Resistance @1.51 from a trend line in the daily time frame.
- A resistance zone ranging from 1.54 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CRDL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRDL is neutral. |
| ChartMill Relative Strength | 19.2 | NEGATIVE | CRDL has a low relative strength, it was outperformed by 80.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRDL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRDL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CRDL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.63 | NEUTRAL | The RSI value for CRDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRDL has a negative trend. |
| Stochastics (14,3) | 43.7 | NEUTRAL | The Stochastics value for CRDL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for CRDL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for CRDL suggests a weak or negative 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)
1.35
+0.07 (+5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5.47%
1 Week-7.53%
2 Weeks-3.57%
1 Month-3.57%
3 Month17.39%
6 Month0%
12 Month-32.84%
2 Year22.73%
3 Year20.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.85%
ATR Inc23.37%
Range Today0.1
ADR(20)0.11
ADR(20)%7.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.2
Mansfield-1.41
10 Day High1.59
10 Day Low1.24
20 Day High1.59
20 Day Low1.14
52 Week High2.63
52 Week Low0.77
CS1 End1.27
CR1 Start1.43
Volume & EV
DER(3)-7.96%
DER(5)-1.45%
Volume752.60K
Volume Incr99.72%
Vol(5)700.44K
Vol(50)330.23K