CINCOR PHARMA INC (CINC)

US17240Y1091 - Common Stock

29.06  -0.14 (-0.48%)

After market: 29.25 +0.19 (+0.65%)

Technical Rating and Analysis

8

Overall CINC gets a technical rating of 8 out of 10. In the last year, CINC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Both the short term and long term trends are positive. This is a very positive sign.
CINC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 72% of 198 stocks in the same industry.
Looking at the yearly performance, CINC did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CINC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CINC is lagging the market slightly.
In the last month CINC has a been trading in a tight range between 28.75 and 29.68.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CINC Weekly chart
CINC Daily chart
Setup Rating and Analysis

7

CINC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 29.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

28.76

29.86

We found 1 important support area.

  • A support zone ranging from 29.05 to 29.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 29.09 to 29.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.02
Mansfield2.05
10 Day High29.68
10 Day Low28.95
20 Day High29.68
20 Day Low28.75
52 Week High43.15
52 Week Low10.53
Performance
1 Week-1.69%
2 Weeks-0.68%
1 Month1.15%
3 Month9.54%
6 Month-23.12%
12 Month2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.45
RSI(14)69.26
LBB29.04
UBB29.56
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
29.3329.040.29 (0.99%)25.00%
An entry @29.33. This is a Buy Stop order right above the 10 day moving average.An exit @29.04. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.29 points, which is 0.99%.For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CINC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CINC Daily chart

CINCOR PHARMA INC

NASDAQ:CINC (2/23/2023, 7:00:00 PM)

After market: 29.25 +0.19 (+0.65%)

29.06

-0.14 (-0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.48%
1 Week-1.69%
2 Weeks-0.68%
1 Month1.15%
3 Month9.54%
6 Month-23.12%
12 Month2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%1.05%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.68
10 Day Low28.95
20 Day High29.68
20 Day Low28.75
52 Week High43.15
52 Week Low10.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.35M
Volume Incr694.33%
Vol(5)2.06M
Vol(50)685.96K