Technical Analysis for CRDL - Cardiol Therapeutics Inc

Grade Last Price % Change Price Change
grade F 2.15 -3.15% -0.070
CRDL closed down 1.33 percent on Friday, August 7, 2020, on 42 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical CRDL trend table...

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness -3.15%
Inside Day Range Contraction -3.15%
Down 3 Days in a Row Weakness -3.15%
Lower Bollinger Band Touch Weakness -3.15%
Oversold Stochastic Weakness -3.15%
Lower Bollinger Band Touch Weakness -4.44%
Fell Below 20 DMA Bearish -8.12%
MACD Bearish Signal Line Cross Bearish -8.12%
MACD Bearish Centerline Cross Bearish -11.16%
20 DMA Support Bullish -11.16%

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Profile

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.
Cancer Drugs Organ Systems Cannabidiol Cannabinoids Analgesics Heart Failure 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 5.0
52 Week Low 1.87
Average Volume 67,847
200-Day Moving Average 3.165
50-Day Moving Average 2.511
20-Day Moving Average 2.419
10-Day Moving Average 2.414
Average True Range 0.143
ADX 11.47
+DI 16.006
-DI 27.692
Chandelier Exit (Long, 3 ATRs ) 2.191
Chandelier Exit (Short, 3 ATRs ) 2.609
Upper Bollinger Band 2.625
Lower Bollinger Band 2.212
Percent B (%b) 0.02
BandWidth 17.060
MACD Line -0.042
MACD Signal Line -0.022
MACD Histogram -0.0197
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.400
Resistance 3 (R3) 2.410 2.360 2.370
Resistance 2 (R2) 2.360 2.314 2.355 2.360
Resistance 1 (R1) 2.290 2.286 2.265 2.280 2.350
Pivot Point 2.240 2.240 2.228 2.235 2.240
Support 1 (S1) 2.170 2.194 2.145 2.160 2.090
Support 2 (S2) 2.120 2.166 2.115 2.080
Support 3 (S3) 2.050 2.120 2.070
Support 4 (S4) 2.040