39.84 USD
-0.3 (-0.75%)
39.84 USD
0 (0%)
We assign a technical rating of 4 out of 10 to CGON. In the last year, CGON was one of the better performers, but we do observe some doubts in the very recent evolution.
CGON is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CGON is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, CGON did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CGON is an average performer in the Biotechnology industry, it outperforms 63% of 530 stocks in the same industry.
In the last month CGON has a been trading in the 37.01 - 46.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CGON 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
33.02
45.98
We found 5 important support areas.
- A support zone ranging from 39.02 to 39.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.00 to 38.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @37.36 from a horizontal line in the daily time frame.
- Support @36.48 from a horizontal line in the daily time frame.
- A support zone ranging from 33.35 to 33.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.46 to 45.52. 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 CGON is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGON is down. |
| ChartMill Relative Strength | 82.94 | POSITIVE | CGON has a high relative strength, it outperformed 82.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for CGON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CGON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.34 | NEUTRAL | The Stochastics value for CGON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CGON suggests some volalility. |
| Average Directional Index/ADX (14) | 13.29 | NEGATIVE | The low ADX value for CGON suggests a weak or negative trend. |
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)
39.84
-0.3 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.75%
1 Week4.84%
2 Weeks-4.25%
1 Month-11.15%
3 Month6.13%
6 Month53.53%
12 Month32.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%4.64%
ATR Inc-52.02%
Range Today0.99
ADR(20)1.85
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.94
3 months CRS78.36
6 months CRS91.88
Mansfield1.68
10 Day High42.4
10 Day Low37.01
20 Day High46.01
20 Day Low37.01
52 Week High46.01
52 Week Low14.8
CS1 End39.3
CR1 Start44.46
Volume & EV
DER(3)2.39%
DER(5)2.14%
Volume561.90K
Volume Incr46.35%
Vol(5)1.11M
Vol(50)866.90K
CG ONCOLOGY INC / CGON FAQ
Can you provide the ChartMill technical rating for CG ONCOLOGY INC?
ChartMill assigns a technical rating of 4 / 10 to CGON.
What is the current trend direction of CG ONCOLOGY INC (CGON) stock?
The current trend direction for CG ONCOLOGY INC (CGON) is Bullish.
What is the RSI signal for CGON stock?
CG ONCOLOGY INC (CGON) has an RSI value of 46.1923. This indicates that the stock is currently neutral.
What is the short term momentum for CG ONCOLOGY INC (CGON) stock?
The short term momentum for CG ONCOLOGY INC (CGON) is negative.
Can you provide the buy/sell signal for CG ONCOLOGY INC?
The buy/sell signal for CG ONCOLOGY INC (CGON) is hold as the short term and long term trends are mixed.