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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Cabaletta Bio, Inc. (NASDAQ:CABA)

Long-Term Downtrend (-90) - CABA is in a strong downtrend that is likely to continue. While CABA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CABA?

MarketClub looks at technical strength and momentum to determine if the timing is right for CABA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CABA
Open High Low CABA Price Change
12.63 12.81 11.81 12.05 -0.69
Entry Signal

MarketClub’s Trade Triangles for CABA

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 16.31

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 21.77

short term down The short-term trend has been DOWN since May 8th, 2024 at 12.20

Smart Scan Analysis for CABA

Based on our trend formula, CABA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CABA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.63 12.81 11.81 12.05 -0.69
Prev. Close Volume Bid Ask Time
12.08 808765 2024-05-08 15:59:37
52wk High26.3552wk High Date2024-02-08
52wk Low9.0252wk Low Date2023-05-30
Average Volume1,527,302Shares Outstanding48,242
Assets253,650,000MLiabilities17,452,000M
P/E Ratio3.2614
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