Taking everything into account, CGEN scores 6 out of 10 in our technical rating. Although CGEN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 77% of all other stocks performed better in the past year than CGEN.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CGEN is part of the Biotechnology industry. There are 525 other stocks in this industry, CGEN did better than 49% of them.
- CGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGEN is lagging the market.
- In the last month CGEN has a been trading in the 1.51 - 2.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CGEN has an average technical rating and it also 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
1.38
We found 2 important support areas.
- Support @1.51 from a trend line in the daily time frame.
- A support zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CGEN is neutral. |
| ChartMill Relative Strength | 23.52 | NEGATIVE | CGEN has a low relative strength, it was outperformed by 76.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CGEN is below 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) | 48 | NEUTRAL | The RSI value for CGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CGEN has a negative trend. |
| Stochastics (14,3) | 28.68 | NEUTRAL | The Stochastics value for CGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for CGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.17 | POSITIVE | The high ADX value value for CGEN suggests a strong trend. |
1.84
-0.09 (-4.66%)
COMPUGEN LTD / CGEN FAQ
What is the technical rating for CGEN stock?
ChartMill assigns a technical rating of 6 / 10 to CGEN.
What is the trend direction for CGEN stock?
The current trend direction for COMPUGEN LTD (CGEN) is Bullish.
What is the RSI signal for CGEN stock?
COMPUGEN LTD (CGEN) has an RSI value of 48.0008. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COMPUGEN LTD?
The MACD indicator for COMPUGEN LTD (CGEN) has a value of -0.0294913, indicating a bearish trend.