Taking everything into account, CGEN scores 6 out of 10 in our technical rating. CGEN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CGEN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.37
4 important support areas can be observed.
2 important resistance areas can be observed.
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 | 56.87 | NEUTRAL | CGEN is not amongst the best or worst performers 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) | 69.23 | NEUTRAL | The RSI value for CGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CGEN has a positive trend. |
| Stochastics (14,3) | 87.13 | OVERBOUGHT | The high Stochastics value suggests CGEN may be overbought. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CGEN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for CGEN suggests a possible start of a new trend. |
1.88
+0.24 (+14.63%)
ChartMill assigns a technical rating of 6 / 10 to CGEN.
The current trend direction for COMPUGEN LTD (CGEN) is Bearish.
COMPUGEN LTD (CGEN) has an RSI value of 69.2283. This indicates that the stock is currently neutral.
The MACD indicator for COMPUGEN LTD (CGEN) has a value of 0.0353858, indicating a bearish trend.