Cancer Genetics Inc (CGIX) Stock Technical Analysis
NASDAQ:CGIX - Nasdaq -
Taking everything into account, CGIX scores 4 out of 10 in our technical rating. CGIX has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CGIX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGIX is lagging the market.
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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 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
4.56
6.55
When analyzing the resistance we notice one important area.
- Resistance @6.49 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 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. |
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)
4.61
-0.11 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.33%
1 Week-22.78%
2 Weeks-24.92%
1 Month-21.73%
3 Month66.43%
6 Month16.12%
12 Month45.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%15.93%
ATR Inc-45.3%
Range Today0.39
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.32
Mansfield0.95
10 Day High7.48
10 Day Low4.3
20 Day High7.48
20 Day Low4.3
52 Week High17.5
52 Week Low2.11
CS1 EndN/A
CR1 Start6.49
Volume & EV
DER(3)0.09%
DER(5)-0.03%
Volume612.40K
Volume Incr117.86%
Vol(5)2.30M
Vol(50)2.75M