CARA THERAPEUTICS INC (CARA) Stock Technical Analysis
NASDAQ:CARA - Nasdaq - US1407551092 - Common Stock
We assign a technical rating of 6 out of 10 to CARA. CARA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CARA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CARA is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. CARA outperforms 72% of them.
CARA has an average volume of 1746080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, CARA outperforms 55% of them, which is more or less in line with the market.
In the last month CARA has a been trading in the 3.04 - 6.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CARA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.59, a Stop Loss order could be placed below this zone.
More info and screens
2.88
5.91
We found 4 important support areas.
- A support zone ranging from 4.45 to 4.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.24 from a trend line in the weekly time frame.
- Support @3.01 from a horizontal line in the daily time frame.
- Support @2.91 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.66 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.23 from a horizontal line in the weekly time frame.
- Resistance @5.85 from a trend 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
CRS55.27
Mansfield-2.95
10 Day High5.52
10 Day Low4.3
20 Day High6.36
20 Day Low3.04
52 Week High13.8
52 Week Low2.71
Performance
1 Week-1.29%
2 Weeks-11.88%
1 Month46.25%
3 Month43.03%
6 Month2.94%
12 Month-33.51%
2 Year-96.72%
3 Year-96.69%
5 Year-97.62%
10 Year-96.45%
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)-0.1
RSI(14)51.36
LBB3.96
UBB5.77
CARA THERAPEUTICS INC
NASDAQ:CARA (1/21/2025, 8:00:00 PM)
4.6
-0.05 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.08%
1 Week-1.29%
2 Weeks-11.88%
1 Month46.25%
3 Month43.03%
6 Month2.94%
12 Month-33.51%
2 Year-96.72%
3 Year-96.69%
5 Year-97.62%
10 Year-96.45%
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%18.48%
ATR Inc-62.76%
Range Today0.26
ADR(20)0.83
ADR(20)%18.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.27
Mansfield-2.95
10 Day High5.52
10 Day Low4.3
20 Day High6.36
20 Day Low3.04
52 Week High13.8
52 Week Low2.71
CS1 End4.59
CR1 Start4.66
Volume & EV
DER(3)-6.26%
DER(5)-5.16%
Volume57.20K
Volume Incr-98.72%
Vol(5)44.42K
Vol(50)1.75M