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CLSN - Celsion Corporation

Industry: Biotechnology Sector: Healthcare Exchange: NASDAQ

CLSN - Celsion Corporation

Industry: Biotechnology Sector: Healthcare Exchange: NASDAQ
#2880()/6630

Fri 20'th Apr 2018

PERIOD 2018-01-22 - 2018-04-20
CHANGE 0.44%
PRICE $2.29
VOLUME
Buy
TREND
Sell

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

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Celsion Corporation Stock Analysis

Technical stock analysis for Fri 20'th Apr 2018

Hold candidate since 2018-04-20

Celsion Corporation gained 0.44% in the last trading day, rising from $2.28 to $2.29 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 5 of the last 10 days and is up by 4.09% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 21 768 more shares were traded than the day before. In total, 91 356 shares bought and sold for approximately $209 205.

Shorts 4.41% ( 2018-03-29 )
Cash 10.8 mill
Loans n/a
Beta 1.68
ROA -50.17

Trend

Celsion Corporation lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.23% during the next 3 months and, with 90% probability hold a price between $1.88 and $2.48 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Monday April 16, 2018, which indicates further gains until a new top pivot has been found. Celsion Corporation has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Celsion Corporation holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $2.38. On a fall, the stock will find some support from the short-term average at $2.28. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

RSI14 is 60 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Celsion Corporation finds support from accumulated volume at $2.25. On the upside the stock meets some resistance from accumulated volume at $2.41, $2.45 and $2.61.

Support: $2.25 Price: $2.29 Resistance: $2.41

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 $0.07 between high and low, or 3.07%. For the last week, the stock has had a daily average volatility of 3.95%.

Our recommended stoploss: $2.16 (-5.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Celsion Corporation holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

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