CUE BIOPHARMA INC (CUE) Stock Technical Analysis
NASDAQ:CUE - Nasdaq - US22978P1066 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CUE. CUE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than CUE.
CUE is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 75% are performing better than CUE.
CUE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CUE is lagging the market.
In the last month CUE has a been trading in the 0.60 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is bad, CUE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.60
0.68
We found 2 important support areas.
- Support @0.62 from a horizontal line in the daily time frame.
- Support @0.61 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.65 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CUE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CUE is down. |
| ChartMill Relative Strength | 4.25 | NEGATIVE | CUE has a low relative strength, it was outperformed by 95.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CUE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CUE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CUE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.41 | NEUTRAL | The RSI value for CUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CUE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for CUE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for CUE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.75 | 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)
0.638
-0.01 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.93%
1 Week-9.77%
2 Weeks-11.85%
1 Month-15.14%
3 Month-48.13%
6 Month-47.7%
12 Month-60.86%
2 Year-84.05%
3 Year-83.51%
5 Year-97.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.43%
ATR Inc-28.18%
Range Today0.04
ADR(20)0.05
ADR(20)%8.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.25
Mansfield-3.97
10 Day High0.75
10 Day Low0.6
20 Day High0.8
20 Day Low0.6
52 Week High1.99
52 Week Low0.45
CS1 End0.62
CR1 Start0.65
Volume & EV
DER(3)-13.51%
DER(5)-8.14%
Volume114.10K
Volume Incr6.13%
Vol(5)155.02K
Vol(50)173.91K