CARA THERAPEUTICS INC (CARA)

US1407551092 - Common Stock

0.306  0 (-1.29%)

Technical Rating and Analysis

3

Overall CARA gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CARA was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than CARA.
CARA is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, of which 71% are performing better than CARA.
CARA 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 CARA has a been trading in the 0.25 - 0.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CARA Weekly chart
CARA Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, CARA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.34. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.26

0.34

When analyzing the support we can see 2 important areas.

  • Support @0.28 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS6.62
Mansfield-5.28
10 Day High0.37
10 Day Low0.28
20 Day High0.37
20 Day Low0.25
52 Week High1.31
52 Week Low0.24
Performance
1 Week-5.89%
2 Weeks-2.02%
1 Month14.66%
3 Month-12.36%
6 Month-54.56%
12 Month-68.93%
2 Year-97.42%
3 Year-97.69%
5 Year-98.83%
10 Year-96.7%
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
RSI(14)51.24
LBB0.28
UBB0.35
CARA Daily chart

CARA THERAPEUTICS INC

NASDAQ:CARA (11/21/2024, 3:44:09 PM)

0.306

0 (-1.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.29%
1 Week-5.89%
2 Weeks-2.02%
1 Month14.66%
3 Month-12.36%
6 Month-54.56%
12 Month-68.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%9.52%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.37
10 Day Low0.28
20 Day High0.37
20 Day Low0.25
52 Week High1.31
52 Week Low0.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume163.98K
Volume Incr-23.49%
Vol(5)618.20K
Vol(50)550.73K