CARTESIAN THERAPEUTICS INC (RNAC) Stock Technical Analysis
NASDAQ:RNAC - Nasdaq - US8162123025 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to RNAC. RNAC 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.
98% of all other stocks performed better in the past year than RNAC.
RNAC is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 84% are performing better than RNAC.
RNAC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RNAC is lagging the market.
In the last month RNAC has a been trading in the 8.46 - 11.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RNAC 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
9.36
13.84
2 important support areas can be observed.
- A support zone ranging from 10.01 to 10.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.45 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @13.00 from a horizontal line in the daily time frame.
- Resistance @13.70 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 RNAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNAC is down. |
| ChartMill Relative Strength | 2.23 | NEGATIVE | RNAC has a low relative strength, it was outperformed by 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RNAC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.26 | NEUTRAL | The RSI value for RNAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests RNAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.59 | NEUTRAL | The Stochastics value for RNAC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.76 | HIGH VOLATILITY | The high ATR as a percentage value for RNAC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.38 | NEUTRAL | The ADX value for RNAC suggests a possible start of a new 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:RNAC (6/6/2025, 3:32:48 PM)
10.81
+1.47 (+15.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg15.74%
1 Week-6.6%
2 Weeks0.65%
1 Month-7.98%
3 Month-49.24%
6 Month-62.85%
12 Month-74.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%7.76%
ATR Inc-3.67%
Range Today1.47
ADR(20)0.72
ADR(20)%6.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.23
Mansfield-4.68
10 Day High10.12
10 Day Low8.46
20 Day High11.31
20 Day Low8.46
52 Week High36.8
52 Week Low8.46
CS1 EndN/A
CR1 Start9.45
Volume & EV
DER(3)-0.92%
DER(5)2.71%
Volume76.46K
Volume Incr-7.58%
Vol(5)72.08K
Vol(50)94.45K