CUE BIOPHARMA INC (CUE) Stock Technical Analysis
NASDAQ:CUE - Nasdaq - US22978P1066 - Common Stock - Currency: USD
Overall CUE gets a technical rating of 7 out of 10. Although CUE has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
CUE 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CUE is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 556 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, CUE did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month CUE has a been trading in the 0.65 - 1.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CUE has an excellent technical rating, it does not present a decent entry opportunity 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
0.60
1.17
When analyzing the support we can see 2 important areas.
- Support @0.73 from a trend line in the daily time frame.
- Support @0.61 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.16 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 | NEUTRAL | NEUTRAL | The long term trend for CUE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUE is up. |
| ChartMill Relative Strength | 83.05 | POSITIVE | CUE has a high relative strength, it outperformed 83.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CUE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.41 | NEUTRAL | The RSI value for CUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CUE has a positive trend. |
| Stochastics (14,3) | 64.21 | NEUTRAL | The Stochastics value for CUE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.93 | HIGH VOLATILITY | The high ATR as a percentage value for CUE suggests high volalility. |
| Average Directional Index/ADX (14) | 36.88 | POSITIVE | The high ADX value value for CUE 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)
0.899
+0.02 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.81%
1 Week28.43%
2 Weeks22.65%
1 Month37.25%
3 Month14.51%
6 Month-39.66%
12 Month34.18%
2 Year-76.47%
3 Year-66.95%
5 Year-95.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.93%
ATR Inc-26.61%
Range Today0.05
ADR(20)0.09
ADR(20)%9.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.05
Mansfield-1.46
10 Day High1.03
10 Day Low0.7
20 Day High1.03
20 Day Low0.65
52 Week High1.99
52 Week Low0.45
CS1 End0.73
CR1 Start0.91
Volume & EV
DER(3)1.88%
DER(5)-0.56%
Volume198.40K
Volume Incr383.63%
Vol(5)1.57M
Vol(50)368.26K