CareDx, Inc. ($CDNA): Caution Is Advised (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CDNA has been trading over the last 2 weeks and the past day especially. On its latest session, CareDx, Inc. ($CDNA) opened at 19.77, reaching a high of 20.29 and a low of 19.43 before closing at a price of 20.0. There was a total volume of 413165.

VOLUME INDICATORS FOR CAREDX, INC. ($CDNA): We saw an accumulation-distribution index of 65.88385, an on-balance volume of 19.73, chaikin money flow of 2.30769 and a force index of 0.222. There was an ease of movement rating of 0.00722, a volume-price trend of -4.83405 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CAREDX, INC. ($CDNA): We noted an average true range of 1.23334, bolinger bands of 19.48743, an upper bollinger band of 19.40257, lower bollinger band of 19.43, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 19.83, high band keltner channel of 19.31, low band keltner channel of 20.35, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 19.43, a donchian channel low band of 19.43, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CAREDX, INC. ($CDNA): We calculated a Moving Average Convergence Divergence (MACD) of 0.00067, a MACD signal of 0.00037, a MACD difference of 0.0003, a fast Exponential Moving Average (EMA) indicator of 19.43, a slow Exponential Moving Average (EMA) indicator of 19.43, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.2458, a trix of -16.50716, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 6.46253, a KST Oscillator (KST) of -249.59066 and a KST Oscillator (KST Signal) of -249.59066 (leaving a KST difference of 0.28966). We also found an Ichimoku rating of 20.03, an Ichimoku B rating of 20.03, a Ichimoku visual trend A of 26.2187, an Ichimoku visual trend B of 25.2099, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR CAREDX, INC. ($CDNA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 49.51693, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -15.35019, a stochastic oscillator of 165.38462, a stochastic oscillator signal of 165.38462, a Williams %R rating of 65.38462 and an awesome oscillator of 0.05833.

RETURNS FOR CAREDX, INC. ($CDNA): There was a daily return of -24.95907, a daily log return of 0.15428 and a cumulative return of 0.1544.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for CareDx, Inc. ($CDNA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling CareDx, Inc. ($CDNA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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