CADRENAL THERAPEUTICS INC (CVKD)

US1276361086 - Common Stock

11.98  +0.16 (+1.35%)

Technical Rating and Analysis

8

Overall CVKD gets a technical rating of 8 out of 10. In the last year, CVKD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

CVKD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CVKD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 85% of 196 stocks in the same industry.
In the last month CVKD has a been trading in the 6.80 - 13.00 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CVKD did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CVKD Weekly chart
CVKD Daily chart
Setup Rating and Analysis

3

Although CVKD has an excellent technical rating, it does not offer a high 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

5.96

20.38

We found 3 important support areas.

  • A support zone ranging from 7.42 to 7.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @6.43 from a trend line in the weekly time frame.
  • Support @6.02 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @20.18 from a trend line in the weekly 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
CRS92.57
Mansfield2.09
10 Day High13
10 Day Low6.89
20 Day High13
20 Day Low6.81
52 Week High32.55
52 Week Low5.4
Performance
1 Week43.99%
2 Weeks47.72%
1 Month66.74%
3 Month76.77%
6 Month22.87%
12 Month13.29%
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)0.45
RSI(14)74.95
LBB5.54
UBB12.4
CVKD Daily chart

CADRENAL THERAPEUTICS INC

NASDAQ:CVKD (9/18/2024, 8:00:00 PM)

11.98

+0.16 (+1.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.35%
1 Week43.99%
2 Weeks47.72%
1 Month66.74%
3 Month76.77%
6 Month22.87%
12 Month13.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.03
ATR(20)%8.01%
ATR Inc
Range Today0.82
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 High13
10 Day Low6.89
20 Day High13
20 Day Low6.81
52 Week High32.55
52 Week Low5.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume42.10K
Volume Incr-55.64%
Vol(5)58.64K
Vol(50)145.98K