Taking everything into account, CGEN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CGEN is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the performance of all stocks over the past year, CGEN turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- CGEN is an average performer in the Biotechnology industry, it outperforms 53% of 525 stocks in the same industry.
- 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 1.43 - 2.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CGEN has an excellent technical rating, it does not present a decent entry opportunity 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
2 important support areas can be observed.
- Support @1.51 from a trend line in the daily time frame.
- A support zone ranging from 1.39 to 1.40. 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 | UP | POSITIVE | The short term trend for CGEN is up. |
| ChartMill Relative Strength | 41.78 | 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) | 59.08 | NEUTRAL | The RSI value for CGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.8 | NEUTRAL | The Stochastics value for CGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for CGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 41.93 | POSITIVE | The high ADX value value for CGEN suggests a strong trend. |
2.03
-0.06 (-2.87%)
COMPUGEN LTD / CGEN 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 59.0814. 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 0.0201058, indicating a bearish trend.
Can you provide the buy/sell signal for COMPUGEN LTD?
The buy/sell signal for COMPUGEN LTD (CGEN) is buy as both the short term and long term trends are positive.