NASDAQ:CVKD • US1276362076
Overall CVKD gets a technical rating of 0 out of 10. CVKD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
6.78
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CVKD is neutral. |
| ChartMill Relative Strength | 5.3 | NEGATIVE | CVKD has a low relative strength, it was outperformed by 94.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CVKD is above 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) | 52.77 | NEUTRAL | The RSI value for CVKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CVKD has a positive trend. |
| Stochastics (14,3) | 51.75 | NEUTRAL | The Stochastics value for CVKD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for CVKD suggests high volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for CVKD suggests a possible start of a new trend. |
6.845
+0.63 (+10.23%)
ChartMill assigns a technical rating of 0 / 10 to CVKD.
The current trend direction for CADRENAL THERAPEUTICS INC (CVKD) is Bearish.
CADRENAL THERAPEUTICS INC (CVKD) has an RSI value of 52.7682. This indicates that the stock is currently neutral.
The short term momentum for CADRENAL THERAPEUTICS INC (CVKD) is neutral.