Cancer Genetics Inc (CGIX) Technical Analysis
NASDAQ:CGIX
Current stock price
CGIX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CGIX. In the last year, CGIX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- CGIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CGIX has a been trading in the 4.30 - 7.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CGIX has an average volume of 2746120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that CGIX is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CGIX Weekly and Daily overview Charts
CGIX Setup Rating and Analysis
CGIX 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
CGIX Support and Resistance Analysis
4.56
We found 1 important resistance area.
- Resistance @6.49 from a trend line in the weekly time frame.
CGIX 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 | NEUTRAL | NEUTRAL | The long term trend for CGIX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGIX is down. |
| ChartMill Relative Strength | 76.32 | POSITIVE | CGIX has a high relative strength, it outperformed 76.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CGIX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.11 | NEUTRAL | The RSI value for CGIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CGIX has a negative trend. |
| Stochastics (14,3) | 6.42 | OVERSOLD | The low Stochastics value suggests CGIX may be oversold. |
| Average True Range in percent/ATR (20) | 15.93 | HIGH VOLATILITY | The high ATR as a percentage value for CGIX suggests high volalility. |
CGIX Chart- and CandleStick Pattern Analysis
CGIX Technicals: Chart, Performance Metrics, Trend & Indicators
4.61
-0.11 (-2.33%)
Cancer Genetics Inc / CGIX TA FAQ
Can you provide the ChartMill technical rating for Cancer Genetics Inc?
ChartMill assigns a technical rating of 4 / 10 to CGIX.
What is the trend direction for CGIX stock?
The current trend direction for Cancer Genetics Inc (CGIX) is Bearish.
What is the RSI signal for Cancer Genetics Inc (CGIX) stock?
Cancer Genetics Inc (CGIX) has an RSI value of 40.1094. This indicates that the stock is currently neutral.
What is the short term momentum for Cancer Genetics Inc (CGIX) stock?
The short term momentum for Cancer Genetics Inc (CGIX) is negative.
Can you provide the support and resistance levels for Cancer Genetics Inc?
Cancer Genetics Inc (CGIX) has a resistance level at 6.49. Check the full technical report for our detailed analysis of CGIX support and resistance levels.