CAREDX INC (CDNA) Stock Technical Analysis
NASDAQ:CDNA - Nasdaq - US14167L1035 - Common Stock - Currency: USD
Taking everything into account, CDNA scores 6 out of 10 in our technical rating. Although CDNA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that CDNA is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by CDNA over the past year are nicely spread over this period.
CDNA is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 571 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CDNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDNA is lagging the market.
In the last month CDNA has a been trading in the 21.37 - 25.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDNA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
11.67
25.32
We found 2 important support areas.
- A support zone ranging from 20.40 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @24.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.07 to 25.07. This zone is formed by a combination of multiple trend lines 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
CRS96.74
Mansfield0.49
10 Day High25.55
10 Day Low21.37
20 Day High25.55
20 Day Low21.37
52 Week High34.84
52 Week Low7.42
Performance
1 Week-10.27%
2 Weeks-1.81%
1 Month-4.87%
3 Month-3.63%
6 Month-29.33%
12 Month169.53%
2 Year32.52%
3 Year-41.92%
5 Year-4.38%
10 Year264.81%
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)44.6
LBB21.86
UBB25.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.51 | 21.36 | 3.15 (12.85%) | 7.78% |
| An entry @24.51. This is a Buy Stop order right above the resistance zone. | An exit @21.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.15 points, which is 12.85%. | For a 1.00% total portfolio risk, you can invest 7.78% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.29
-1.09 (-4.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.66%
1 Week-10.27%
2 Weeks-1.81%
1 Month-4.87%
3 Month-3.63%
6 Month-29.33%
12 Month169.53%
2 Year32.52%
3 Year-41.92%
5 Year-4.38%
10 Year264.81%
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%6.49%
ATR Inc30.35%
Range Today1.78
ADR(20)1.43
ADR(20)%6.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.74
Mansfield0.49
10 Day High25.55
10 Day Low21.37
20 Day High25.55
20 Day Low21.37
52 Week High34.84
52 Week Low7.42
CS1 End20.61
CR1 Start24.5
Volume & EV
DER(3)-1.1%
DER(5)1.02%
Volume899.60K
Volume Incr-10.79%
Vol(5)807.60K
Vol(50)840.74K