The Hourly View for CRSP

At the moment, CRSP (Get Ratings)’s price is up $3.14 (2.44%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100 hour moving average, resulting in them with price now being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

CRSP’s Technical Outlook on the Daily Chart

Currently, CRSP’s price is up $1.58 (1.22%) from the day prior. This is the 2nd day in a row CRSP has seen its price head up. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. CRISPR Therapeutics AG’s price action over the past 90 days can be seen via the chart below.

CRSP

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