CARDIOL THERAPEUTICS INC-A (CRDL.CA) Stock Technical Analysis
TSX:CRDL - Toronto Stock Exchange - CA14161Y2006 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to CRDL. CRDL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than CRDL.
CRDL is part of the Pharmaceuticals industry. There are 35 other stocks in this industry, of which 73% are performing better than CRDL.
CRDL is currently trading near the lower end of its 52 week range, which is not a good sign. CRDL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
CRDL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, CRDL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.69. Right above this resistance zone may be a good entry point.
More info and screens
1.54
3.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.56 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.78 from a trend line in the daily time frame.
- Resistance @1.95 from a trend line in the daily time frame.
- Resistance @2.08 from a horizontal line in the daily time frame.
- Resistance @3.04 from a trend 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
CRS17.13
Mansfield-3.54
10 Day High1.8
10 Day Low1.48
20 Day High2.12
20 Day Low1.48
52 Week High4.26
52 Week Low1.48
Performance
1 Week0.9%
2 Weeks-3.18%
1 Month-18.89%
3 Month-19.47%
6 Month-32.73%
12 Month-17.49%
2 Year153.79%
3 Year-13.21%
5 Year-41.23%
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
RSI(14)45.76
LBB1.52
UBB1.82
TSX:CRDL (3/7/2025, 7:00:00 PM)
1.675
+0.1 (+6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.69%
1 Week0.9%
2 Weeks-3.18%
1 Month-18.89%
3 Month-19.47%
6 Month-32.73%
12 Month-17.49%
2 Year153.79%
3 Year-13.21%
5 Year-41.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.25%
ATR Inc-2.28%
Range Today0.18
ADR(20)0.14
ADR(20)%8.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.13
Mansfield-3.54
10 Day High1.8
10 Day Low1.48
20 Day High2.12
20 Day Low1.48
52 Week High4.26
52 Week Low1.48
CS1 End1.66
CR1 Start1.69
Volume & EV
DER(3)-23.51%
DER(5)-14.48%
Volume70.02K
Volume Incr24.48%
Vol(5)76.86K
Vol(50)56.49K