CULLINAN THERAPEUTICS INC (CGEM) Stock Technical Analysis
NASDAQ:CGEM - US2300311063 - Common Stock
7.54 USD
-0.07 (-0.92%)
7.54 USD
0 (0%)
Taking everything into account, CGEM scores 0 out of 10 in our technical rating. CGEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
95% of all other stocks performed better in the past year than CGEM.
CGEM is one of the lesser performing stocks in the Biotechnology industry. 76% of 542 stocks in the same industry do better.
CGEM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CGEM has a been trading in the 6.89 - 8.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CGEM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.95
9.17
3 important support areas can be observed.
- Support @7.41 from a horizontal line in the weekly time frame.
- Support @7.29 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.02 to 7.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 7.63 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.04 from a trend line in the daily time frame.
- Resistance @8.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.34 to 8.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.08 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CGEM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGEM is neutral. |
| ChartMill Relative Strength | 5.04 | NEGATIVE | CGEM has a low relative strength, it was outperformed by 94.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGEM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for CGEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGEM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.98 | NEUTRAL | The Stochastics value for CGEM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for CGEM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for CGEM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.54
-0.07 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.92%
1 Week-7.94%
2 Weeks-1.57%
1 Month-1.69%
3 Month-12.78%
6 Month-11.19%
12 Month-61.53%
2 Year-27.15%
3 Year-44.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%5.78%
ATR Inc18.38%
Range Today0.45
ADR(20)0.42
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.04
Mansfield-3.61
10 Day High8.32
10 Day Low7.31
20 Day High8.32
20 Day Low6.89
52 Week High19.89
52 Week Low6.85
CS1 End7.41
CR1 Start7.63
Volume & EV
DER(3)-0.73%
DER(5)-1.19%
Volume285.30K
Volume Incr-7.78%
Vol(5)351.74K
Vol(50)356.16K