CLSN - Celsion Corporation

Industry: Biotechnology Sector: Healthcare Exchange: NASDAQ

CLSN - Celsion Corporation

Industry: Biotechnology Sector: Healthcare Exchange: NASDAQ
#6838()/7561

Tue 14'th Aug 2018

PERIOD 2018-05-15 - 2018-08-14
CHANGE -9.39%
PRICE $2.51
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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Celsion Corporation Stock Analysis

Technical stock analysis for Tue 14'th Aug 2018

Sell candidate since 2018-08-14
Shorts 7.74% ( 2018-07-31 )
Cash 6.3 mill
Loans n/a
Beta 1.11
ROA -53.65

Celsion Corporation fell by -9.39% in the last day from $2.77 to $2.51 The price has been going up and down for this period, and there has been a -5.99% loss for the last 2 weeks. Volume has increased in the last day by 0.88 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 1.06 million shares bought and sold for approximately $2.67 million.

Trend

Celsion Corporation has broken the very wide and weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $2.61. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Celsion Corporation holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $2.71 and $2.92. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday August 07, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 28 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Celsion Corporation finds support from accumulated volume at $2.49.

Support: $2.49 Price: $2.51 Resistance: $2.75

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.49 between high and low, or 21.49%. For the last week, the stock has had a daily average volatility of 7.28%.

Celsion Corporation is oversold on RSI14 (28). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation

The Celsion Corporation stock holds several negative signals and despite the positive trend we believe Celsion Corporation will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate

Click for Top 5 Sell Candidates
CLSN $2.51 $-0.26(-9.39%)
CLSN is down $0.26 today, but where's it headed in September?
Zacks Investment Research is releasing its prediction for CLSN based on the 1-3 month system that more than doubles the S&P 500.

Click here – the CLSN analysis is free »
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