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Cardiol Therapeutics Inc.

CRDL.TO Technical Analysis Summary (TSX)

Analyze CRDL.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CRDL.TO●TSX
HealthcareDrug Manufacturers - Specialty & Generic
$1.59
$0.07(4.22%)
Canadian Market is Open · 12:56

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CRDL.TO Technical Analysis Summary (TSX)

Cardiol Therapeutics Inc. (TSX: CRDL.TO) stock currently shows a bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 25.05)
Trend Strength:Strong (ADX: 39.48)
Volatility:High (ATR: 0.12)
Support/Resistance:$1.29 – $2.57 (Bollinger Bands)

Technical conditions suggest Cardiol Therapeutics Inc. on the TSX is awaiting a decisive move. Overall, Cardiol Therapeutics Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 25.05

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 12.72

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.75

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -27.35

Strongly Bearish
Sharp downside momentum.

Takeaway:Cardiol Therapeutics Inc. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.48

Strong
Strong trend, momentum well established.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -54.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:Cardiol Therapeutics Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.57
Middle Band (SMA 20)
$1.93
Lower Band
$1.29
Current Position
Within Bands

Takeaway:Cardiol Therapeutics Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.13
Middle Line (EMA 20)
$1.90
Lower Channel
$1.66
Squeeze Status
No Squeeze

Takeaway:Cardiol Therapeutics Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-1.24M
Money Flow Index7.06Bullish, oversold conditions signal rebound potential.
Relative Vigor Index20.05Bearish, price momentum favors sellers.

Overall Takeaway:CRDL.TO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Cardiol Therapeutics Inc. (TSX: CRDL.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Cardiol Therapeutics Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: CRDL.TO) Technical Analysis FAQ