COGNITION THERAPEUTICS INC (CGTX) Stock Technical Analysis
NASDAQ:CGTX - US19243B1026 - Common Stock
2.37 USD
-0.06 (-2.47%)
2.3705 USD
+0 (+0.02%)
Taking everything into account, CGTX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGTX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CGTX is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. CGTX outperforms 98% of them.
CGTX has an average volume of 13262000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CGTX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
In the last month CGTX has a been trading in the 0.60 - 3.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although CGTX 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
2.35
2.39
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 | UP | POSITIVE | The short term trend for CGTX is up. |
| ChartMill Relative Strength | 99.62 | POSITIVE | CGTX has a high relative strength, it outperformed 99.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGTX is above the rising 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) | 62.29 | NEUTRAL | The RSI value for CGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.92 | NEUTRAL | The Stochastics value for CGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 16.14 | HIGH VOLATILITY | The high ATR as a percentage value for CGTX suggests high volalility. |
| Average Directional Index/ADX (14) | 52.1 | POSITIVE | The high ADX value value for CGTX suggests a strong 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)
2.37
-0.06 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.47%
1 Week-16.99%
2 Weeks41.92%
1 Month231.01%
3 Month702.57%
6 Month452.96%
12 Month315.94%
2 Year64.58%
3 Year24.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%16.14%
ATR Inc-63.37%
Range Today0.2
ADR(20)0.35
ADR(20)%14.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield24.9
10 Day High3.83
10 Day Low1.68
20 Day High3.83
20 Day Low0.6
52 Week High3.83
52 Week Low0.22
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.84%
DER(5)-5.26%
Volume4.45M
Volume Incr-40.82%
Vol(5)6.56M
Vol(50)13.26M