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(CARA) Cara Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Cara Therapeutics | (CARA) share price targets

Complete technical analysis of Cara Therapeutics (CARA) by charts plus indicators, forecast predictions and share price targets for Cara Therapeutics (CARA)

Cara Therapeutics trades in USA in Health Care sector.

10 day averaged volume of Cara Therapeutics is 363446

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 0.67 0.69 0.69 0.64 1.373 times
23 Thu May 2024 0.73 0.75 0.79 0.69 1.21 times
22 Wed May 2024 0.77 0.76 0.81 0.75 0.702 times
21 Tue May 2024 0.75 0.75 0.77 0.75 0.567 times
20 Mon May 2024 0.75 0.78 0.83 0.75 0.89 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.7, for a target of 0.7 or 0.75

Share price targets for Cara Therapeutics (CARA)

Target Type Value
Downside Target 0.50
Downside Target 0.52
Downside Target 0.63
Upside Target 0.68
Upside Target 0.80
Upside Target 0.82
Upside Target 0.83
Upside Target 0.87
Upside Target 0.95
Upside Target 1.13
Upside Target 1.15

Intraday share price targets for Cara Therapeutics (CARA)

Target Type Value
Downside Intraday Target 0.64
Downside Intraday Target 0.62
Upside Intraday Target 0.69
Upside Intraday Target 0.72
Downside Intraday Target 0.67

Weekly technical analysis of Cara Therapeutics (CARA)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 0.67 0.69 0.69 0.64 0.407 times
23 Thu May 2024 0.73 0.78 0.83 0.69 0.641 times
17 Fri May 2024 0.75 0.75 0.87 0.70 1.707 times
10 Fri May 2024 0.72 0.78 0.83 0.71 0.902 times
03 Fri May 2024 0.78 0.68 0.80 0.68 1.006 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cara Therapeutics (CARA)

Date Monthly Closing Price Open High Low Volume
28 Tue May 2024 0.67 0.76 0.87 0.64 0.711 times
30 Tue Apr 2024 0.75 0.91 0.95 0.63 0.514 times
28 Thu Mar 2024 0.91 0.84 1.15 0.72 0.875 times
29 Thu Feb 2024 0.85 0.55 1.13 0.52 1.195 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cara Therapeutics (CARA)

Indicator Name Indicator Value Indicator Signal
ADX 63, 63, 0 Sell
MACD -0, -0Sell
Stochastics 25Sell
CCI -225Sell
RSI 47Sell
OBV 842135Sell
VWAP 1Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Cara Therapeutics ( (CARA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cara Therapeutics ( (CARA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Cara Therapeutics ( (CARA) ) based on a short to mid term time period is

Price action analysis of Cara Therapeutics ( (CARA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cara Therapeutics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Cara Therapeutics in short term and the sell signal is strong.

Cara Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cara Therapeutics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Cara Therapeutics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.74 and Cara Therapeutics (CARA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cara Therapeutics (CARA) stock. Volume based technical analysis of Cara Therapeutics (CARA) stock is negative.

Cara Therapeutics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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