CareDx (CDNA) Technical Analysis

Technical analysis for CareDx Inc (CDNA) focuses on analyzing the stock's price movements and trading patterns to predict future price movements. It uses various technical indicators to assess the stock's strength and momentum. Some of the key technical indicators for CDNA include RSI (Relative Strength Index), ADX (Average Directional Index), MACD (Moving Average Convergence Divergence), ROC (Rate of Change), STOCHRSI (Stochastic Relative Strength Index), and WILLR (Williams %R). These indicators provide insights into the stock's current trend, momentum, and overbought or oversold conditions.

RSI is a popular technical indicator that measures the stock's internal strength and momentum. It ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions. ADX measures the strength of the stock's current trend, with values above 25 indicating a strong trend. MACD combines moving averages to identify potential buy or sell signals. ROC measures the speed of the stock's price change and can indicate overbought or oversold conditions. STOCHRSI combines stochastic analysis with RSI to identify potential trend reversals. WILLR measures the stock's momentum and overbought or oversold conditions.