CLEARMIND MEDICINE INC (CMND) Stock Technical Analysis
NASDAQ:CMND - Nasdaq - CA1850534027 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CMND. CMND 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 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.
When comparing the yearly performance of all stocks, CMND is a bad performer in the overall market: 61% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
CMND has an average volume of 1224080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CMND is an average performer in the Pharmaceuticals industry, it outperforms 66% of 195 stocks in the same industry.
CMND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMND is lagging the market.
In the last month CMND has a been trading in the 1.34 - 1.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMND has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.41, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.02
1.81
We found 5 important support areas.
- A support zone ranging from 1.35 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.24 from a trend line in the weekly time frame.
- Support @1.18 from a trend line in the daily time frame.
- Support @1.13 from a horizontal line in the daily time frame.
- Support @1.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @1.50 from a horizontal line in the daily time frame.
- Resistance @1.54 from a horizontal line in the weekly time frame.
- Resistance @1.60 from a trend line in the daily time frame.
- A resistance zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a horizontal line in the daily time frame.
- Resistance @1.79 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.03
Mansfield-0.02
10 Day High1.52
10 Day Low1.34
20 Day High1.62
20 Day Low1.34
52 Week High2.3
52 Week Low0.95
Performance
1 Week8.76%
2 Weeks2.76%
1 Month-5.7%
3 Month-3.25%
6 Month26.27%
12 Month2.76%
2 Year-98.47%
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)-0.01
RSI(14)54.94
LBB1.31
UBB1.54
CLEARMIND MEDICINE INC
NASDAQ:CMND (2/5/2025, 8:00:00 PM)
After market: 1.48 -0.01 (-0.67%)1.49
+0.12 (+8.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.76%
1 Week8.76%
2 Weeks2.76%
1 Month-5.7%
3 Month-3.25%
6 Month26.27%
12 Month2.76%
2 Year-98.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.35%
ATR Inc49.32%
Range Today0.15
ADR(20)0.11
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.03
Mansfield-0.02
10 Day High1.52
10 Day Low1.34
20 Day High1.62
20 Day Low1.34
52 Week High2.3
52 Week Low0.95
CS1 End1.41
CR1 Start1.5
Volume & EV
DER(3)-7.86%
DER(5)0.54%
Volume372.00K
Volume Incr-35.32%
Vol(5)148.14K
Vol(50)1.22M