2019-12-11 | Welcome! Today we compared how two different stocks in the Biotechnology: Biological Products (No Diagnostic Substances) industry are trading: Solid Biosciences Inc. and CRISPR Therapeutics AG. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Solid Biosciences Inc. opened at 4.3, got to a maximum price of 4.3 and dropped to as low as 4.11 before finishing the session at 4.12. In total there were 450996 shares traded, which is enough to conduct our analysis. Compare that now to CRISPR Therapeutics AG, which opened at 67.65, had a high of 68.31, a low of 65.05, closed at 65.65 and had a total volume of 1040910.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Solid Biosciences Inc. CRISPR Therapeutics AG
Accumulation-distribution index 126.22556 716.64954
on-balance volume 4.325 67.63
chaikin money flow

12.03523 8.87879
force index

0.16427 3.528
ease of movement rating -0.00212 -0.00293
volume-price trend -1.7271 22.70764
negative volume index 1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Solid Biosciences Inc. CRISPR Therapeutics AG
Average true range 0.41125 1.54364
Bolinger bands 4.30142 67.46191
Upper bollinger band 4.01858 63.89809
Lower bollinger band

4.11 65.05
Bollinger high band indicator 1.0 1.0
Bollinger high low indicator 1.0 nan
Central keltner channel 4.23667 67.00333
High band keltner channel 4.23667 66.34333
Low band keltner channel

4.23667 67.66333
High band keltner channel indicator 1.0 1.0
Low band keltner channel indicator 1.0 1.0
Donchain channel high band 4.11 65.05
Donchain channel low band 4.11 65.05
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator 1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Solid Biosciences Inc. CRISPR Therapeutics AG
Moving Average Convergence Divergence (MACD) trend_macd 0.02827
MACD signal 0.00125 0.01571
MACD difference 0.001 0.01256
fast Exponential Moving Average (EMA) indicator 4.11 65.05
slow Exponential Moving Average (EMA) indicator 4.11 65.05
Average Directional Movement Index (ADX)

unknown unknown
ADX positive 20.0 20.0
ADX negative 20.0 20.0
positive Vortex Indicator (VI) 1.0 1.0
negative VI 1.0 1.0
trend vortex difference

0.29599 0.06753
trix -44.42341 24.62289
Mass Index (MI) 1.8 1.0
Commodity Channel Index (CCI) 66.66667 66.66667
Detrended Price Oscillator (DPO) 3.71285 -16.66191
KST Oscillator (KST)

-474.61576 344.3391
KST Oscillator (KST Signal) -474.61576 344.3391
KST difference 3.19577 6.50987
Ichimoku rating 4.3 67.98
Ichimoku B rating 4.3 67.98
Ichimoku visual trend A

8.1892 52.12567
Ichimoku visual trend B 7.55708 55.19604
Aroon Indicator (AI) 4.0 4.0
AI indicator down 4.0 4.0
AI difference 4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Solid Biosciences Inc. CRISPR Therapeutics AG
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 52.49992 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator -5.39337 86.50186
stochastic oscillator 50.0 493.93939
stochastic oscillator signal 50.0 493.93939
Williams %R rating -50.0 393.93939
awesome oscillator

0.04203 0.66367

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Solid Biosciences Inc. and CRISPR Therapeutics AG.

Daily return -47.46158 34.43391
Daily log return 2.40396 1.91845
Cumulative return 2.43309 1.93697

So there you have it: our deep, grueling analysis comparing Solid Biosciences Inc. and CRISPR Therapeutics AG together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Solid Biosciences Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether SLDB is strong or weak. Again – this is not a reliable indication of whether Solid Biosciences Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with CRISPR Therapeutics AG

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.



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