COMPUGEN LTD (CGEN) Technical Analysis
NASDAQ:CGEN • IL0010852080
Current stock price
1.99 USD
-0.05 (-2.45%)
At close:
1.99 USD
0 (0%)
After Hours:
CGEN Technical Rating and Analysis
Overall CGEN gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month CGEN has a been trading in the 1.98 - 2.35 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- When comparing the yearly performance of all stocks, we notice that CGEN is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, CGEN also shows a nice and consistent pattern of rising prices.
- CGEN is part of the Biotechnology industry. There are 517 other stocks in this industry. CGEN outperforms 70% of them.
- 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.
- Considerably lower volume is observed in the last couple of days.
CGEN Weekly and Daily overview Charts
CGEN Setup Rating and Analysis
Besides having an excellent technical rating, CGEN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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
CGEN Support and Resistance Analysis
1.41
2.33
When analyzing the support we can see 4 important areas.
- 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 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.60 from a trend line in the daily time frame.
- Support @1.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.25 to 2.31. 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 | NEUTRAL | NEUTRAL | The short term trend for CGEN is neutral. |
| ChartMill Relative Strength | 88.58 | POSITIVE | CGEN has a high relative strength, it outperformed 88.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CGEN is above a declining 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) | 45.82 | 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) | 7.88 | OVERSOLD | The low Stochastics value suggests CGEN may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for CGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.89 | 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 Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.11 | 1.97 | 0.14 (6.41%) | 15.59% |
| An entry @2.10. This is a Buy Stop order right above the 10 day moving average. | An exit @1.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 6.41%. | For a 1.00% total portfolio risk, you can invest 15.59% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CGEN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CGEN Technicals: Chart, Performance Metrics, Trend & Indicators
1.99
-0.05 (-2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.45%
1 Week-4.78%
2 Weeks-12.33%
1 Month-11.56%
3 Month28.39%
6 Month22.09%
12 Month51.91%
2 Year-22.87%
3 Year183.48%
5 Year-76.83%
10 Year-64.34%
15 Year-61.28%
Volatility
ATR(14)0.1
ATR(20)%6.24%
ATR Inc-26.33%
Range Today0.08
ADR(20)0.12
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
3 months CRS94.69
6 months CRS90.27
Mansfield2.32
10 Day High2.34
10 Day Low1.98
20 Day High2.35
20 Day Low1.98
52 Week High2.38
52 Week Low1.13
CS1 End1.98
CR1 Start2.19
Volume & EV
DER(3)9.77%
DER(5)3.76%
Volume189.80K
Volume Incr-59.8%
Vol(5)143.56K
Vol(50)292.55K
COMPUGEN LTD / CGEN TA FAQ
What is the technical rating for CGEN stock?
ChartMill assigns a technical rating of 8 / 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 45.824. 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 -0.0323161, indicating a bearish trend.