COGNITION THERAPEUTICS INC (CGTX) Stock Technical Analysis
USA - NASDAQ:CGTX - US19243B1026 - Common Stock
1.55 USD
+0.01 (+0.65%)
1.5402 USD
-0.01 (-0.63%)
We assign a technical rating of 5 out of 10 to CGTX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CGTX has a been trading in the 1.40 - 1.93 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CGTX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 93% of 192 stocks in the same industry.
CGTX has an average volume of 2185860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CGTX did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CGTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGTX is lagging the market.
Considerably lower volume is observed in the last couple of days.
CGTX has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.57
1.77
2 important support areas can be observed.
- A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.58 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.75 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for CGTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGTX is neutral. |
| ChartMill Relative Strength | 97.43 | POSITIVE | CGTX has a high relative strength, it outperformed 97.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.59 | NEUTRAL | The RSI value for CGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGTX has a negative trend. |
| Stochastics (14,3) | 33.75 | NEUTRAL | The Stochastics value for CGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for CGTX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for CGTX 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)
1.55
+0.01 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.65%
1 Week-6.63%
2 Weeks-13.41%
1 Month-10.92%
3 Month0.65%
6 Month376.63%
12 Month236.08%
2 Year39.64%
3 Year-55.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.28%
ATR Inc57.65%
Range Today0.19
ADR(20)0.14
ADR(20)%9.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.43
3 months CRS46.85
6 months CRS99.34
Mansfield6.71
10 Day High1.83
10 Day Low1.4
20 Day High1.93
20 Day Low1.4
52 Week High3.83
52 Week Low0.22
CS1 End1.54
CR1 Start1.65
Volume & EV
DER(3)-7.61%
DER(5)-5.29%
Volume907.60K
Volume Incr-24.91%
Vol(5)971.94K
Vol(50)2.19M
COGNITION THERAPEUTICS INC / CGTX FAQ
What is the technical rating for CGTX stock?
ChartMill assigns a technical rating of 5 / 10 to CGTX.
What is the current trend direction of COGNITION THERAPEUTICS INC (CGTX) stock?
The current trend direction for COGNITION THERAPEUTICS INC (CGTX) is Bullish.
Can you provide the RSI signal for COGNITION THERAPEUTICS INC?
COGNITION THERAPEUTICS INC (CGTX) has an RSI value of 43.5924. This indicates that the stock is currently neutral.
What is the MACD signal for CGTX stock?
The MACD indicator for COGNITION THERAPEUTICS INC (CGTX) has a value of -0.0102405, indicating a bearish trend.
What is the short term momentum for CGTX stock?
The short term momentum for COGNITION THERAPEUTICS INC (CGTX) is neutral.