CUE BIOPHARMA INC (CUE) Stock Technical Analysis
NASDAQ:CUE • US22978P1066
Taking everything into account, CUE scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, CUE is a bad performer in the overall market: 98% of all stocks are doing better.
- CUE is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 87% are performing better than CUE.
- CUE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CUE has a been trading in the 0.28 - 0.40 range, which is quite wide. It is currently trading near the lows of this range.
- CUE has an average volume of 1416590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed 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
0.27
When analyzing the support we notice one important area.
- Support @0.27 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.30 from a trend line in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.46 from a trend line in the weekly time frame.
- Resistance @0.47 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 | DOWN | NEGATIVE | The short term trend for CUE is down. |
| ChartMill Relative Strength | 2.41 | NEGATIVE | CUE has a low relative strength, it was outperformed by 97.59% 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) | 38.37 | 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. |
| Stochastics (14,3) | 8.09 | OVERSOLD | The low Stochastics value suggests CUE may be oversold. |
| Average True Range in percent/ATR (20) | 10.02 | HIGH VOLATILITY | The high ATR as a percentage value for CUE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for CUE suggests a weak or negative trend. |
0.2848
-0.01 (-2.86%)
CUE BIOPHARMA INC / CUE FAQ
What is the technical rating for CUE stock?
ChartMill assigns a technical rating of 0 / 10 to CUE.
Can you provide the trend direction for CUE BIOPHARMA INC?
The current trend direction for CUE BIOPHARMA INC (CUE) is Bearish.
What is the RSI signal for CUE stock?
CUE BIOPHARMA INC (CUE) has an RSI value of 38.3669. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CUE BIOPHARMA INC?
The MACD indicator for CUE BIOPHARMA INC (CUE) has a value of -0.00171338, indicating a bearish trend.
What is the support and resistance level for CUE stock?
CUE BIOPHARMA INC (CUE) has a support level at 0.27 and a resistance level at 0.29. Check the full technical report for our detailed analysis of CUE support and resistance levels.