CABALETTA BIO INC (CABA)

US12674W1099 - Common Stock

2.325  -0.17 (-6.63%)

Technical Rating and Analysis

1

Taking everything into account, CABA scores 1 out of 10 in our technical rating. CABA 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, CABA is a bad performer in the overall market: 99% of all stocks are doing better.
CABA is one of the lesser performing stocks in the Biotechnology industry. 87% of 565 stocks in the same industry do better.
CABA 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 CABA has a been trading in the 2.17 - 5.46 range, which is quite wide. It is currently trading near the lows of this range.
CABA has an average volume of 2733260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CABA Weekly chart
CABA Daily chart
Setup Rating and Analysis

3

The technical rating of CABA 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.

Support and Resistance Analysis

2.26

2.98

We found 1 important support area.

  • Support @2.28 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 2.50 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.61 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.92 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.9
Mansfield-7.97
10 Day High3.15
10 Day Low2.17
20 Day High5.46
20 Day Low2.17
52 Week High26.35
52 Week Low1.76
Performance
1 Week8.73%
2 Weeks-18.76%
1 Month2.89%
3 Month-41.55%
6 Month-66.71%
12 Month-89.03%
2 Year-73.08%
3 Year-34.3%
5 Year-82.18%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)41.33
LBB2.05
UBB3.34
CABA Daily chart

CABALETTA BIO INC

NASDAQ:CABA (12/27/2024, 11:03:50 AM)

2.325

-0.17 (-6.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.63%
1 Week8.73%
2 Weeks-18.76%
1 Month2.89%
3 Month-41.55%
6 Month-66.71%
12 Month-89.03%
2 Year-73.08%
3 Year-34.3%
5 Year-82.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%18.4%
ATR Inc-25.28%
Range Today0.16
ADR(20)0.42
ADR(20)%17.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.9
Mansfield-7.97
10 Day High3.15
10 Day Low2.17
20 Day High5.46
20 Day Low2.17
52 Week High26.35
52 Week Low1.76
CS1 End2.28
CR1 Start2.5
Volume & EV
DER(3)2.34%
DER(5)4.26%
Volume380.33K
Volume Incr-69.88%
Vol(5)1.50M
Vol(50)2.73M