CARA THERAPEUTICS INC.
CARA THERAPEUTICS INC.
4.97 USD (+1.02%)
03/10/2025 - 17:57 Open 15 min delayed data - NASDAQ Stocks
Open: 4.80
Change: +0.05
Volume: 6,461
Low: 4.75
High: 5.00
High / Low range: 0.25
Type: Stocks
Ticker: CARA
ISIN:

CARA THERAPEUTICS INC. - Daily - Technical analysis published on 02/27/2020 (GMT)

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  • 02/27/2020 - 07:12
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  • Timeframe : Daily
  • - Analysis generated on 02/27/2020 - 07:10
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 16.40 USD
My targets
15.01 USD (-5.36%)
12.85 USD (-18.96%)
My analysis
CARA THERAPEUTICS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 16.40 USD. The next support located at 15.01 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 12.85 USD. Below this support, sellers could then target 12.32 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

CARA THERAPEUTICS INC. rating 15.86 USD. The price registered a decrease of -0.81% on the session and was between 15.75 USD and 16.23 USD. This implies that the price is at +0.70% from its lowest and at -2.28% from its highest.

15.75
16.23
15.86

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CARA THERAPEUTICS INC.:
Created with Raphaël 2.3.0-37.5-25-12.5012.5January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of this Daily chart of CARA THERAPEUTICS INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.47 12.32 15.01 15.86 16.08 17.79 20.32
Change (%) -71.82% -22.32% -5.36% - +1.39% +12.17% +28.12%
Change -11.39 -3.54 -0.85 - +0.22 +1.93 +4.46
Level Minor Major Intermediate - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.7915.3015.6516.1616.5017.0117.36
Camarilla15.7615.8315.9115.9916.0716.1516.23
Woodie14.7115.2615.5616.1116.4216.9717.27
Fibonacci15.3015.6315.8316.1616.4816.6817.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.7916.3216.7817.3117.7718.3018.76
Camarilla16.9617.0517.1417.2317.3217.4117.50
Woodie15.7516.3016.7417.2917.7318.2818.72
Fibonacci16.3216.7016.9417.3117.6917.9318.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.9312.8514.4816.4018.0219.9421.57
Camarilla15.1315.4515.7816.1016.4316.7517.08
Woodie10.7812.7814.3316.3217.8719.8721.42
Fibonacci12.8514.2115.0416.4017.7518.5919.94

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell12
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 37.46
MACD (12,26,9): -0.0700
Directional Movement: -9.46
AROON (14): -42.86
DEMA (21): 16.71
Parabolic SAR (0,02-0,02-0,2): 17.74
Elder Ray (13): -0.74
Super Trend (3,10): 17.71
Zig ZAG (10): 15.86
VORTEX (21): 1.0200
Stochastique (14,3,5): 6.78
TEMA (21): 16.80
Williams %R (14): -94.76
Chande Momentum Oscillator (20): -1.29
Repulse (5,40,3): -4.2500
ROCnROLL: 2
TRIX (15,9): 0.1100
Courbe Coppock: 0.83
MA7: 16.72
MA20: 16.85
MA50: 16.49
MA100: 18.36
MAexp7: 16.54
MAexp20: 16.76
MAexp50: 17.14
MAexp100: 18.10
Price / MA7: -5.14%
Price / MA20: -5.88%
Price / MA50: -3.82%
Price / MA100: -13.62%
Price / MAexp7: -4.11%
Price / MAexp20: -5.37%
Price / MAexp50: -7.47%
Price / MAexp100: -12.38%

This member declared not having a position on this financial instrument or a related financial instrument.

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