CINGULATE INC (CING) Technical Analysis
NASDAQ:CING • US17248W3034
Current stock price
CING Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CING. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CING is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CING did better than 97% of all other stocks.
- CING is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. CING outperforms 91% of them.
- A new 52 week high is currently being made by CING, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CING is leading the market.
- In the last month CING has a been trading in the 5.53 - 9.48 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CING Weekly and Daily overview Charts
CING Setup Rating and Analysis
Although CING has an excellent technical rating, it 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
CING Support and Resistance Analysis
3.44
When analyzing the support we can see 2 important areas.
- Support @6.38 from a trend line in the daily time frame.
- Support @3.47 from a horizontal line in the weekly time frame.
CING Technical Indicator Signal Analysis
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 CING is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CING is up. |
| ChartMill Relative Strength | 97.77 | POSITIVE | CING has a high relative strength, it outperformed 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CING is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CING is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CING is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.93 | NEUTRAL | The RSI value for CING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CING has a positive trend. |
| Stochastics (14,3) | 86.16 | OVERBOUGHT | The high Stochastics value suggests CING may be overbought. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 42.88 | POSITIVE | The high ADX value value for CING suggests a strong trend. |
CING Chart- and CandleStick Pattern Analysis
CING Technicals: Chart, Performance Metrics, Trend & Indicators
8.69
-0.43 (-4.71%)
CINGULATE INC / CING TA FAQ
Can you provide the ChartMill technical rating for CINGULATE INC?
ChartMill assigns a technical rating of 10 / 10 to CING.
What is the trend direction for CING stock?
The current trend direction for CINGULATE INC (CING) is Bullish.
What is the RSI signal for CINGULATE INC (CING) stock?
CINGULATE INC (CING) has an RSI value of 68.9343. This indicates that the stock is currently neutral.
What is the short term momentum for CINGULATE INC (CING) stock?
The short term momentum for CINGULATE INC (CING) is positive.
Can you provide the buy/sell signal for CINGULATE INC?
The buy/sell signal for CINGULATE INC (CING) is buy as both the short term and long term trends are positive.