We assign a technical rating of 0 out of 10 to CVKD. CVKD'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 technical rating of CVKD 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.
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7.27
When analyzing the support we notice one important area.
- A support zone ranging from 7.34 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.55 from a trend line in the daily time frame.
- Resistance @12.87 from a trend line in the daily time frame.
- Resistance @13.81 from a horizontal line in the daily 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 CVKD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVKD is down. |
| ChartMill Relative Strength | 4.68 | NEGATIVE | CVKD has a low relative strength, it was outperformed by 95.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVKD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVKD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVKD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.18 | NEUTRAL | The RSI value for CVKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CVKD has a positive trend. |
| Stochastics (14,3) | 15.29 | OVERSOLD | The low Stochastics value suggests CVKD may be oversold. |
| Average True Range in percent/ATR (20) | 14.35 | HIGH VOLATILITY | The high ATR as a percentage value for CVKD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.79 | NEGATIVE | The low ADX value for CVKD suggests a weak or negative trend. |
7.52
+0.59 (+8.51%)
CADRENAL THERAPEUTICS INC / CVKD FAQ
What is the ChartMill technical rating of CADRENAL THERAPEUTICS INC (CVKD) stock?
ChartMill assigns a technical rating of 0 / 10 to CVKD.
What is the current trend direction of CADRENAL THERAPEUTICS INC (CVKD) stock?
The current trend direction for CADRENAL THERAPEUTICS INC (CVKD) is Bearish.
Can you provide the RSI signal for CADRENAL THERAPEUTICS INC?
CADRENAL THERAPEUTICS INC (CVKD) has an RSI value of 37.1784. This indicates that the stock is currently neutral.
What is the short term momentum for CVKD stock?
The short term momentum for CADRENAL THERAPEUTICS INC (CVKD) is negative.
What is the buy/sell signal for CADRENAL THERAPEUTICS INC (CVKD) stock?
The buy/sell signal for CADRENAL THERAPEUTICS INC (CVKD) is sell as both the short term and long term trends are negative.