TEMA ONCOLOGY ETF (CANC) Stock Technical Analysis
NASDAQ:CANC - Nasdaq - US87975E7013 - ETF - Currency: USD
Taking everything into account, CANC scores 1 out of 10 in our technical rating. CANC 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CANC is a bad performer in the overall market: 71% of all stocks are doing better.
CANC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: CANC has an average volume of 21176 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CANC has a been trading in the 24.68 - 26.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
CANC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
24.01
28.25
2 important support areas can be observed.
- A support zone ranging from 25.04 to 25.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.25 to 24.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.38 to 26.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.17 to 27.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.97 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.03
Mansfield-0.95
10 Day High26.08
10 Day Low24.96
20 Day High26.24
20 Day Low24.68
52 Week High30.11
52 Week Low23.97
Performance
1 Week-1.25%
2 Weeks-2.1%
1 Month-0.9%
3 Month-8.5%
6 Month-11.07%
12 Month-10.09%
2 YearN/A
3 YearN/A
5 YearN/A
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)48.6
LBB25.04
UBB25.99
NASDAQ:CANC (3/7/2025, 8:09:30 PM)
25.3192
-0.08 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-1.25%
2 Weeks-2.1%
1 Month-0.9%
3 Month-8.5%
6 Month-11.07%
12 Month-10.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.81%
ATR Inc-18.89%
Range Today0.36
ADR(20)0.43
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.03
Mansfield-0.95
10 Day High26.08
10 Day Low24.96
20 Day High26.24
20 Day Low24.68
52 Week High30.11
52 Week Low23.97
CS1 End25.16
CR1 Start25.38
Volume & EV
DER(3)-2.97%
DER(5)-4.32%
Volume5.20K
Volume Incr-36.56%
Vol(5)7.14K
Vol(50)21.18K