CUE BIOPHARMA INC (CUE) Stock Technical Analysis
NASDAQ:CUE - Nasdaq - US22978P1066 - Common Stock - Currency: USD
Taking everything into account, CUE scores 1 out of 10 in our technical rating. CUE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CUE is a bad performer in the overall market: 89% of all stocks are doing better.
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.
CUE is an average performer in the Biotechnology industry, it outperforms 43% of 555 stocks in the same industry.
In the last month CUE has a been trading in the 0.54 - 0.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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.
More info and screens
0.58
1.21
2 important support areas can be observed.
- Support @0.61 from a trend line in the weekly time frame.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.74 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.78 from a horizontal line in the daily time frame.
- Resistance @1.20 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 | DOWN | NEGATIVE | The long term trend for CUE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CUE is neutral. |
| ChartMill Relative Strength | 11.99 | NEGATIVE | CUE has a low relative strength, it was outperformed by 88.01% 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) | DOWN | NEGATIVE | The current price of CUE is below a declining 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) | 48.18 | NEUTRAL | The RSI value for CUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.24 | NEUTRAL | The Stochastics value for CUE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.89 | HIGH VOLATILITY | The high ATR as a percentage value for CUE suggests high volalility. |
| Average Directional Index/ADX (14) | 30.9 | 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)
0.67
-0.01 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.8%
1 Week-7.04%
2 Weeks13.97%
1 Month3%
3 Month-0.4%
6 Month-51.63%
12 Month-29.96%
2 Year-82.4%
3 Year-75.28%
5 Year-96.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.89%
ATR Inc-14.24%
Range Today0.05
ADR(20)0.07
ADR(20)%9.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-3.51
10 Day High0.88
10 Day Low0.54
20 Day High0.88
20 Day Low0.54
52 Week High1.99
52 Week Low0.45
CS1 End0.58
CR1 Start0.79
Volume & EV
DER(3)-5.76%
DER(5)-2.03%
Volume806.70K
Volume Incr59.83%
Vol(5)380.24K
Vol(50)212.69K