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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
2.650 2.750 2.415 2.540 -0.160
Entry Signal

MarketClub’s Trade Triangles for CABA

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 16.310

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2024 at 3.850

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 4.325

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
2.650 2.750 2.415 2.540 -0.160
Prev. Close Volume Bid Ask Time
2.540 2527241 2024-11-19 15:59:32
52wk High26.3552wk High Date2024-02-08
52wk Low2.6152wk Low Date2024-11-18
Average Volume1,153,919Shares Outstanding48,877
Assets204,410,000MLiabilities30,169,000M
P/E Ratio3.2614
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