Is The Rally Real? Check Cap Ltd (NASDAQ:CHEK)?

Check Cap Ltd (NASDAQ:CHEK) stock ended Friday higher and 17% for the week.

Market Action

On Friday, CHEK stock moved up 6.94% to end the session at $1.54. More than 4.73 million shares exchanged hands for the day, compared to its average volume of 10.09 million shares. The stock opened at $1.48 and moved within a range of $1.4200 – 1.6800.

CHEK Business Description

Check-Cap Ltd., a clinical stage medical diagnostics company, engages in the development of a capsule-based system that utilizes low-dose X-rays to scan the inner lining of the colon for precancerous polyps, and other structural abnormalities in Israel. Its C-Scan system consists of C-Scan Cap, an X-ray scanning capsule, which is designed to measure, collect, and transmit structural information; C-Scan Track, a disposable system attached to the patient’s back via biocompatible adhesive skin patches; and C-Scan View software, a client/server-based application that enables procedure data download from the C-Scan Track, data analysis and report generation. The company was founded in 2004 and is based in Isfiya, Israel.

Trader Notes

Share Information

SHARE FLOAT (%)70.19 M (99.63%)

Recent Stock Performance

5-DAY PERF.+15.79%
1-MONTH PERF.+3.36%
3-MONTH PERF.-16.76%
6-MONTH PERF.+334.05%
YTD PERF.+234.78%
1-YEAR PERF.+165.52%

Moving Averages

+/- EMA(20)1.48 (+4.05%)
+/- SMA(50)1.67 (-7.78%)
+/- SMA(200)0.99 (+55.56%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI2046.9993NeutralChaikin Money Flow0.0677Buy
MACD-0.0174SellMoney Flow Index54.1517Buy
STOCH (14,3)68.8889BuySTOCH RSI1.0000OverBought
UO54.4949BuyWilliams %R-31.1111Neutral

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