Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Candel Therapeutics, Inc. (NASDAQ:CADL)
Countertrend Down (-85) - CADL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CADL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADL
The long-term trend has been DOWN since Oct 11th, 2022 at 2.8054
The intermediate-term trend has been DOWN since Feb 14th, 2023 at 2.0725
The short-term trend has been UP since Mar 27th, 2023 at 1.4700
Smart Scan Analysis for CADL
Based on our trend formula, CADL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.75||52wk High Date||2022-04-19|
|52wk Low||1.3||52wk Low Date||2023-03-23|
|Average Volume||15,192||Shares Outstanding||28,894|