CADRENAL THERAPEUTICS INC (CVKD) Stock Technical Analysis
NASDAQ:CVKD - Nasdaq - US1276362076 - Common Stock - Currency: USD
Overall CVKD gets a technical rating of 5 out of 10. Although CVKD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: CVKD has an average volume of 21831 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CVKD did better than 94% of all other stocks. We also observe that the gains produced by CVKD over the past year are nicely spread over this period.
CVKD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 90% of 195 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CVKD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVKD is lagging the market slightly.
In the last month CVKD has a been trading in the 13.00 - 16.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVKD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.47, a Stop Loss order could be placed below this zone.
More info and screens
13.19
20.09
We found 1 important support area.
- A support zone ranging from 13.32 to 13.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.69 to 15.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.80 from a horizontal line in the weekly time frame.
- Resistance @19.23 from a trend line in the weekly time frame.
- Resistance @19.89 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 | NEUTRAL | NEUTRAL | The long term trend for CVKD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVKD is neutral. |
| ChartMill Relative Strength | 94.37 | POSITIVE | CVKD has a high relative strength, it outperformed 94.37% 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) | UP | MIXED | The current price of CVKD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for CVKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CVKD has a positive trend. |
| Stochastics (14,3) | 49.13 | NEUTRAL | The Stochastics value for CVKD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for CVKD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.94 | NEGATIVE | The low ADX value for CVKD suggests a weak or negative 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)
NASDAQ:CVKD (6/5/2025, 8:00:01 PM)
14.61
-0.88 (-5.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-5.68%
1 Week9.32%
2 Weeks-6.94%
1 Month-10.23%
3 Month-13.29%
6 Month16.41%
12 Month106.97%
2 Year-35.5%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%7.84%
ATR Inc93.99%
Range Today1.19
ADR(20)1.14
ADR(20)%7.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.37
Mansfield0.3
10 Day High15.9
10 Day Low13
20 Day High16.5
20 Day Low13
52 Week High22.9
52 Week Low5.7
CS1 End13.47
CR1 Start15.69
Volume & EV
DER(3)-3.91%
DER(5)-2.38%
Volume20.40K
Volume Incr18.41%
Vol(5)27.26K
Vol(50)21.83K