CNTB Technical

Technical Sentiment Analysis for Connect Biopharma Holdings Ltd (CNTB) As of 2026-05-08, Connect Biopharma Holdings Ltd (CNTB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CNTB stands at 39.221, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.111, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 13.15 and the Commodity Channel Index (CCI) at -101.047 further confirm a -0.16 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CNTB is trading above its 60-day moving average of $2.715 and above its 200-day long-term moving average of $2.282. Key price levels to watch include the immediate resistance at $2.606 and strong support at $2.276. A break above $2.606 could signal a bull continuation, while falling below $2.276 may test the next Fibonacci floor at $2.108.