COMPUGEN LTD (CGEN) Stock Technical Analysis
NASDAQ:CGEN - Nasdaq - IL0010852080 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CGEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. CGEN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CGEN is a bad performer in the overall market: 72% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CGEN is an average performer in the Biotechnology industry, it outperforms 67% of 557 stocks in the same industry.
CGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGEN is lagging the market slightly.
In the last month CGEN has a been trading in the 1.36 - 1.85 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.
Although the technical rating is only medium, CGEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.74. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CGEN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.34
2.44
3 important support areas can be observed.
- A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.60 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.35 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.84 from a horizontal line in the daily time frame.
- Resistance @2.42 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CGEN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGEN is up. |
| ChartMill Relative Strength | 28.94 | NEGATIVE | CGEN has a low relative strength, it was outperformed by 71.06% 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) | DOWN | NEGATIVE | The current price of CGEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.15 | 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. |
| Stochastics (14,3) | 54.66 | NEUTRAL | The Stochastics value for CGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for CGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for CGEN suggests a strong 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)
NASDAQ:CGEN (6/18/2025, 11:51:39 AM)
1.6613
+0.01 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.68%
1 Week-7.82%
2 Weeks-9.84%
1 Month18.71%
3 Month5.1%
6 Month7.84%
12 Month-16.24%
2 Year44.74%
3 Year-10.81%
5 Year-89.01%
10 Year-76.22%
15 Year-50.45%
Volatility
ATR(14)0.11
ATR(20)%6.12%
ATR Inc-65.92%
Range Today0.05
ADR(20)0.1
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.94
Mansfield-0.81
10 Day High1.83
10 Day Low1.61
20 Day High1.85
20 Day Low1.36
52 Week High2.66
52 Week Low1.13
CS1 End1.64
CR1 Start1.74
Volume & EV
DER(3)1.4%
DER(5)3.07%
Volume79.43K
Volume Incr-45.99%
Vol(5)162.26K
Vol(50)253.09K