CINCOR PHARMA INC (CINC) Stock Technical Analysis
NASDAQ:CINC • US17240Y1091
Taking everything into account, CINC scores 8 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CINC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- CINC is an average performer in the Pharmaceuticals industry, it outperforms 65% of 191 stocks in the same industry.
- CINC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CINC is lagging the market.
- 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.
Besides having an excellent technical rating, CINC 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.
More info and screens
28.76
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.
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 CINC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CINC is up. |
| ChartMill Relative Strength | 81.02 | POSITIVE | CINC has a high relative strength, it outperformed 81.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CINC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CINC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CINC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.26 | NEUTRAL | The RSI value for CINC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CINC has a negative trend. |
| Stochastics (14,3) | 34.4 | NEUTRAL | The Stochastics value for CINC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for CINC suggests low volalility. |
| Average Directional Index/ADX (14) | 60.52 | POSITIVE | The high ADX value value for CINC suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.33 | 29.04 | 0.29 (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%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- 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.
29.06
-0.14 (-0.48%)
CINCOR PHARMA INC / CINC FAQ
Can you provide the ChartMill technical rating for CINCOR PHARMA INC?
ChartMill assigns a technical rating of 7 / 10 to CINC.
What is the current trend direction of CINCOR PHARMA INC (CINC) stock?
The current trend direction for CINCOR PHARMA INC (CINC) is Bullish.
Can you provide the RSI signal for CINCOR PHARMA INC?
CINCOR PHARMA INC (CINC) has an RSI value of 69.2577. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CINCOR PHARMA INC?
The MACD indicator for CINCOR PHARMA INC (CINC) has a value of -0.447966, indicating a bearish trend.
What are the support and resistance levels for CINCOR PHARMA INC (CINC) stock?
CINCOR PHARMA INC (CINC) has a support level at 29.05 and a resistance level at 29.09. Check the full technical report for our detailed analysis of CINC support and resistance levels.