Technical Analysis for CRDL - Cardiol Therapeutics Inc

Grade Last Price % Change Price Change
C 3.000 2.39% 0.070
CRDL closed down 9.01 percent on Friday, May 17, 2024, on 1.78 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 2.39%
Slingshot Bullish Bullish Swing Setup 2.39%
New 52 Week High Strength 2.39%
Upper Bollinger Band Walk Strength 2.39%
Earnings Movers Other 2.39%
Outside Day Range Expansion 2.39%
Wide Bands Range Expansion 2.39%
Overbought Stochastic Strength 2.39%
Upper Bollinger Band Touch Strength 2.39%
New 52 Week Closing High Bullish -6.83%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 4 hours ago
Up 1 ATR about 7 hours ago
Up 5% about 7 hours ago
Rose Above 10 DMA about 7 hours ago
10 DMA Support about 7 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Cardiol Therapeutics Inc Description

Cardiol Therapeutics Inc is a Canada-based company engaged in the pharmaceutical business sector. The Company is focused on the research and commercial development of pharmaceutical cannabidiol products and targeted therapies for heart failure and cancer. It has research programs focused on development of nanotherapeutics to treat heart failure underway. The Company invests in development of formulations for three medical markets: commercializing a line of purity pharmaceutically-manufactured cannabidiol products in the market for medical cannabinoids; development of nanotechnologies designed to deliver cannabinoids and other anti-inflammatory drugs for the treatment of heart failure, a cause of death and hospitalization, and pursuing an immunotherapeutics program commencing with a cancer immunotherapeutic in combination with cannabinoids for treating Glioblastoma Multiforme.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Pharma Pharmaceutical Drug Cancer Drugs Heart Organ Systems Cannabinoid Blastoma Cannabidiol Cannabinoids Analgesics Glioblastoma Pharmaceutical Business Sector

Is CRDL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.27
52 Week Low 0.87
Average Volume 107,299
200-Day Moving Average 1.656
50-Day Moving Average 2.490
20-Day Moving Average 2.762
10-Day Moving Average 2.948
Average True Range 0.190
RSI (14) 56.52
ADX 34.6
+DI 27.570
-DI 16.454
Chandelier Exit (Long, 3 ATRs) 2.702
Chandelier Exit (Short, 3 ATRs) 2.719
Upper Bollinger Bands 3.251
Lower Bollinger Band 2.273
Percent B (%b) 0.67
BandWidth 35.387
MACD Line 0.168
MACD Signal Line 0.147
MACD Histogram 0.0214
Fundamentals Value
Market Cap 96.14 Million
Num Shares 32.8 Million
EPS -1.02
Price-to-Earnings (P/E) Ratio -2.87
Price-to-Sales 0.00
Price-to-Book 3.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.455
Resistance 3 (R3) 3.510 3.390 3.368
Resistance 2 (R2) 3.390 3.256 3.363 3.338
Resistance 1 (R1) 3.160 3.174 3.100 3.105 3.309
Pivot Point 3.040 3.040 3.010 3.013 3.040
Support 1 (S1) 2.810 2.906 2.750 2.755 2.551
Support 2 (S2) 2.690 2.824 2.663 2.522
Support 3 (S3) 2.460 2.690 2.493
Support 4 (S4) 2.405