CUE BIOPHARMA INC (CUE)       3.2  -0.14 (-4.19%)

3.2  -0.14 (-4.19%)

US22978P1066 - Common Stock - After market: 3.36 +0.16 (+5%)

Technical Rating

Taking everything into account, CUE scores 3 out of 10 in our technical rating. In the past year, CUE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



In the last month CUE has a been trading in the 2.39 - 3.44 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, CUE is a bad performer in the overall market: 91% of all stocks are doing better.
CUE is one of the lesser performing stocks in the Biotechnology industry. 73% of 644 stocks in the same industry do better.
CUE is currently trading near the lower end of its 52 week range, which is not a good sign. CUE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

Statistics

1 Month 3 Months 6 Months 12 Months 24.51% -3.03% -50.92% -69.58% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 9.93 2.3601 - 18.42
CUE Weekly chart
CUE Daily chart

Support/Resistance Analysis


2.43

3.41
2 important support areas can be observed.
  • A support zone ranging from 3.14 to 3.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
  • A resistance zone ranging from 3.38 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

The technical rating of CUE is bad and it also does not present a 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.


CUE Daily chart

CUE BIOPHARMA INC3.2

NASDAQ:CUE (8/16/2022, 7:24:05 PM)-0.14 (-4.19%)

After market: 3.36 +0.16 (+5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Biotechnology
Performance
Today -4.19% 1 Week 13.48%
2 Weeks 18.52% 1 Month 24.51%
3 Month -3.03% 6 Month -50.92%
Volatility
ATR(14) 0.22 ATR(20)% 6.55%
ATR Inc -28.83% Range Today 0.18
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 9.93 Mansfield -5.71
10 Day High 3.44 10 Day Low 2.72
20 Day High 3.44 20 Day Low 2.39
52 Week High 18.42 52 Week Low 2.36
CS1 End 3.19 CR1 Start 3.38
Volume & EV
DER(3) 1.15% DER(5) 2.12%
Volume 102.90K Volume Incr 20.32%
Vol(5) 204.28K Vol(50) 373.20K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA