We assign a technical rating of 0 out of 10 to CUE. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than CUE.
- CUE is one of the lesser performing stocks in the Biotechnology industry. 87% of 525 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CUE has an average volume of 1078550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CUE has a been trading in the 0.23 - 0.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CUE has a poor technical rating and the quality of the setup is also only medium 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.34 from a trend line in the daily time frame.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.56 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 | 1.96 | NEGATIVE | CUE has a low relative strength, it was outperformed by 98.04% 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) | 38.55 | 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) | 32.3 | NEUTRAL | The Stochastics value for CUE is a neutral value. |
| Average True Range in percent/ATR (20) | 17.77 | HIGH VOLATILITY | The high ATR as a percentage value for CUE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for CUE suggests a possible start of a new trend. |
0.302
+0.02 (+9.03%)
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 38.5451. 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 0.0067842, 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 0.34. Check the full technical report for our detailed analysis of CUE support and resistance levels.