COMPUGEN LTD (CGEN) Technical Analysis
NASDAQ:CGEN • IL0010852080
Current stock price
2.26 USD
+0.06 (+2.73%)
At close:
2.2737 USD
+0.01 (+0.61%)
After Hours:
CGEN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CGEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGEN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CGEN is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CGEN over the past year are nicely spread over this period.
- CGEN is one of the better performing stocks in the Biotechnology industry, it outperforms 73% of 517 stocks in the same industry.
- CGEN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CGEN is performing more or less in line with the market.
- In the last month CGEN has a been trading in the 1.98 - 2.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CGEN Weekly and Daily overview Charts
CGEN Setup Rating and Analysis
Although CGEN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CGEN Support and Resistance Analysis
1.41
2.39
4 important support areas can be observed.
- A support zone ranging from 2.02 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.31 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.37 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
CGEN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CGEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGEN is up. |
| ChartMill Relative Strength | 91.06 | POSITIVE | CGEN has a high relative strength, it outperformed 91.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.38 | NEUTRAL | The RSI value for CGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.62 | NEUTRAL | The Stochastics value for CGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CGEN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.61 | POSITIVE | The high ADX value value for CGEN suggests a strong trend. |
CGEN Chart- and CandleStick Pattern Analysis
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)
CGEN Technicals: Chart, Performance Metrics, Trend & Indicators
2.26
+0.06 (+2.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.73%
1 Week9.71%
2 Weeks7.11%
1 Month10.24%
3 Month45.81%
6 Month38.65%
12 Month72.52%
2 Year17.1%
3 Year283.05%
5 Year-73.81%
10 Year-66.67%
15 Year-52.62%
Volatility
ATR(14)0.1
ATR(20)%4.96%
ATR Inc15.84%
Range Today0.09
ADR(20)0.11
ADR(20)%4.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.06
3 months CRS96.58
6 months CRS93.54
Mansfield3.45
10 Day High2.28
10 Day Low1.98
20 Day High2.35
20 Day Low1.98
52 Week High2.38
52 Week Low1.13
CS1 End2.03
CR1 Start2.31
Volume & EV
DER(3)1.34%
DER(5)3.37%
Volume205.70K
Volume Incr-42.67%
Vol(5)204.22K
Vol(50)263.61K
COMPUGEN LTD / CGEN TA FAQ
What is the technical rating for CGEN stock?
ChartMill assigns a technical rating of 10 / 10 to CGEN.
Can you provide the trend direction for COMPUGEN LTD?
The current trend direction for COMPUGEN LTD (CGEN) is Bullish.
What is the RSI signal for COMPUGEN LTD (CGEN) stock?
COMPUGEN LTD (CGEN) has an RSI value of 62.3764. This indicates that the stock is currently neutral.
What is the short term momentum for COMPUGEN LTD (CGEN) stock?
The short term momentum for COMPUGEN LTD (CGEN) is positive.
What is the buy/sell signal for CGEN stock?
The buy/sell signal for COMPUGEN LTD (CGEN) is buy as both the short term and long term trends are positive.