Country Icon

Cardica, Inc. (CRDC) - Buy, Sell or Hold?

Sector: Health Care   Sub-Sector: Medical/Dental Instruments
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017DojiDojiMon, 27 Nov 20170%
***Stock database and scans are updated around midnight (New York time) every trading day.
0.15 0.00 (0%) Nov 28 4:00pm EDT
Open: 0.15 Range: 0.14 - 0.15 Vol: 1.27M Avg Vol: 30.81K
EPS: -1.75 P/E ratio: 0.00 EBITDA: 0.00 Mkt Cap: N/A
Analyze "CRDC" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.15
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 0.17
Last Trade is below the 50 day moving average at 0.21
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 0.48
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CRDC

Stock Trend Analysis - Buy, Sell or Hold "Cardica, Inc." (CRDC)?

CRDC is in a very strong downtrend. For the last 52 weeks, CRDC has maintained to stay firmly below the 200 day moving average for 100% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is indicating very strong downtrend as CRDC has been trading below its 20 SMA for 90% of the time in the last 8 weeks. CRDC may be overdue for a relief rally but it has to be noted that as CRDC is still in a downtrend characterized by the 200 SMA, currently at 0.48, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CRDC".

The analyst consensus estimates for the 1 year price target for this stock is $10.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017

News on "CRDC" Stock

    Health Care Stocks Above 200 Day Moving-Average
    TickerNameTrend AnalysisSupport/Resistance
    ABMDABIOMED, Inc.Buy, Sell or HoldTrading Levels & Pivots
    QDELQuidel CorporationBuy, Sell or HoldTrading Levels & Pivots
    ARWRArrowhead Research CorporationBuy, Sell or HoldTrading Levels & Pivots
    GENEGenetic Technologies LtdBuy, Sell or HoldTrading Levels & Pivots
    NVAXNovavax, Inc.Buy, Sell or HoldTrading Levels & Pivots
    PDEXPro-Dex, Inc.Buy, Sell or HoldTrading Levels & Pivots
    ENMDEntreMed, Inc.Buy, Sell or HoldTrading Levels & Pivots
    PODDInsulet CorporationBuy, Sell or HoldTrading Levels & Pivots
    RDNTRadNet, Inc.Buy, Sell or HoldTrading Levels & Pivots
    BIOSBioScrip, Inc.Buy, Sell or HoldTrading Levels & Pivots