CARISMA THERAPEUTICS INC (CARM)

US14216R1014 - Common Stock

1.39  -0.05 (-3.47%)

After market: 1.37 -0.02 (-1.44%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CARM. In the past year, CARM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, CARM is a bad performer in the overall market: 96% of all stocks are doing better.
CARM is one of the lesser performing stocks in the Biotechnology industry. 76% of 576 stocks in the same industry do better.
CARM 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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.
In the last month CARM has a been trading in the 0.99 - 1.90 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
CARM Weekly chart
CARM Daily chart
Setup Rating and Analysis

3

The technical rating of CARM 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

1.36

1.74

When analyzing the support we notice one important area.

  • A support zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @1.53 from a horizontal line in the weekly time frame.
  • Resistance @1.65 from a trend line in the weekly time frame.
  • Resistance @1.72 from a trend line 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
CRS4.82
Mansfield-6.23
10 Day High1.9
10 Day Low1
20 Day High1.9
20 Day Low0.99
52 Week High9.77
52 Week Low0.99
Performance
1 Week13.93%
2 Weeks34.95%
1 Month16.81%
3 Month-23.63%
6 Month-47.15%
12 Month-84.35%
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)0.06
RSI(14)53.98
LBB0.83
UBB1.63
CARM Daily chart

CARISMA THERAPEUTICS INC

NASDAQ:CARM (7/3/2024, 6:57:42 PM)

After market: 1.37 -0.02 (-1.44%)

1.39

-0.05 (-3.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.47%
1 Week13.93%
2 Weeks34.95%
1 Month16.81%
3 Month-23.63%
6 Month-47.15%
12 Month-84.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%11.23%
ATR Inc
Range Today0.09
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 High1.9
10 Day Low1
20 Day High1.9
20 Day Low0.99
52 Week High9.77
52 Week Low0.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume593.90K
Volume Incr2956.64%
Vol(5)7.14M
Vol(50)885.98K