Logo image of CARM

CARISMA THERAPEUTICS INC (CARM) Stock Technical Analysis

NASDAQ:CARM - Nasdaq - US14216R1014 - Common Stock - Currency: USD

0.499  -0.01 (-1.13%)

After market: 0.4874 -0.01 (-2.32%)

Technical Rating and Analysis

1

Taking everything into account, CARM scores 1 out of 10 in our technical rating. CARM 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CARM is a bad performer in the overall market: 98% of all stocks are doing better.
CARM is one of the lesser performing stocks in the Biotechnology industry. 83% of 572 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.
In the last month CARM has a been trading in the 0.40 - 0.62 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
CARISMA THERAPEUTICS INC / CARM Weekly stock chart
CARISMA THERAPEUTICS INC / CARM Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, CARM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CARM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.44

0.77

2 important support areas can be observed.

  • Support @0.46 from a trend line in the daily time frame.
  • A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • Resistance @0.50 from a trend line in the daily time frame.
  • Resistance @0.56 from a horizontal line in the daily time frame.
  • Resistance @0.69 from a trend line in the weekly time frame.
  • Resistance @0.76 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
CRS2.04
Mansfield-6.42
10 Day High0.51
10 Day Low0.42
20 Day High0.62
20 Day Low0.4
52 Week High2.77
52 Week Low0.38
Performance
1 Week12.87%
2 Weeks11.98%
1 Month13.13%
3 Month-50.1%
6 Month-48.83%
12 Month-76.68%
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)48.95
LBB0.42
UBB0.52
CARISMA THERAPEUTICS INC / CARM Daily stock chart

CARISMA THERAPEUTICS INC

NASDAQ:CARM (1/30/2025, 8:09:13 PM)

After market: 0.4874 -0.01 (-2.32%)

0.499

-0.01 (-1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.13%
1 Week12.87%
2 Weeks11.98%
1 Month13.13%
3 Month-50.1%
6 Month-48.83%
12 Month-76.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.09%
ATR Inc-19.56%
Range Today0.06
ADR(20)0.05
ADR(20)%10.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.04
Mansfield-6.42
10 Day High0.51
10 Day Low0.42
20 Day High0.62
20 Day Low0.4
52 Week High2.77
52 Week Low0.38
CS1 End0.46
CR1 Start0.5
Volume & EV
DER(3)-6.34%
DER(5)7.21%
Volume2.22M
Volume Incr495.06%
Vol(5)1.52M
Vol(50)413.23K