CARTESIAN THERAPEUTICS INC (RNAC) Technical Analysis
NASDAQ:RNAC • US8162123025
Current stock price
RNAC Technical Rating and Analysis
Taking everything into account, RNAC scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, RNAC is a bad performer in the overall market: 91% of all stocks are doing better.
- RNAC is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 75% are performing better than RNAC.
- RNAC 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.
- In the last month RNAC has a been trading in the 5.60 - 8.70 range, which is quite wide. It is currently trading near the lows of this range.
RNAC Weekly and Daily overview Charts
RNAC Setup Rating and Analysis
RNAC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for RNAC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
RNAC Support and Resistance Analysis
5.92
4 important resistance areas can be observed.
- A resistance zone ranging from 6.40 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.32 from a trend line in the daily time frame.
- Resistance @8.58 from a trend line in the daily time frame.
- Resistance @8.97 from a horizontal line in the daily time frame.
RNAC Technical Indicator Signal Analysis
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 | 9.38 | NEGATIVE | RNAC has a low relative strength, it was outperformed by 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNAC is below 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) | 39.61 | NEUTRAL | The RSI value for RNAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RNAC has a negative trend. |
| Stochastics (14,3) | 41.26 | NEUTRAL | The Stochastics value for RNAC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for RNAC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.98 | NEGATIVE | The low ADX value for RNAC suggests a weak or negative trend. |
RNAC Chart- and CandleStick Pattern Analysis
RNAC Technicals: Chart, Performance Metrics, Trend & Indicators
5.98
-0.2 (-3.24%)
CARTESIAN THERAPEUTICS INC / RNAC TA FAQ
What is the ChartMill technical rating of CARTESIAN THERAPEUTICS INC (RNAC) stock?
ChartMill assigns a technical rating of 0 / 10 to RNAC.
Can you provide the trend direction for CARTESIAN THERAPEUTICS INC?
The current trend direction for CARTESIAN THERAPEUTICS INC (RNAC) is Bearish.
Can you provide the RSI signal for CARTESIAN THERAPEUTICS INC?
CARTESIAN THERAPEUTICS INC (RNAC) has an RSI value of 39.6138. This indicates that the stock is currently neutral.
What is the MACD signal for CARTESIAN THERAPEUTICS INC (RNAC) stock?
The MACD indicator for CARTESIAN THERAPEUTICS INC (RNAC) has a value of -0.00493989, indicating a bearish trend.
What are the support and resistance levels for CARTESIAN THERAPEUTICS INC (RNAC) stock?
CARTESIAN THERAPEUTICS INC (RNAC) has a resistance level at 6.4. Check the full technical report for our detailed analysis of RNAC support and resistance levels.