CINGULATE INC (CING) Technical Analysis
NASDAQ:CING • US17248W3034
Current stock price
CING Technical Rating and Analysis
Taking everything into account, CING scores 1 out of 10 in our technical rating. CING has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- CING is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CING has a been trading in the 5.36 - 11.89 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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, CING outperforms 64% of them, which is more or less in line with the market.
- CING is an average performer in the Pharmaceuticals industry, it outperforms 59% of 191 stocks in the same industry.
CING Weekly and Daily overview Charts
CING Setup Rating and Analysis
The technical rating of CING is bad and it also does not present a 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
We found 2 important support areas.
- Support @3.84 from a trend line in the weekly time frame.
- Support @3.47 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.94 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.14 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for CING is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CING is down. |
| ChartMill Relative Strength | 64.59 | NEUTRAL | CING is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CING is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CING is below a declining 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) | 39.47 | NEUTRAL | The RSI value for CING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CING has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.05 | OVERSOLD | The low Stochastics value suggests CING may be oversold. |
| Average True Range in percent/ATR (20) | 17.07 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for CING suggests a weak or negative trend. |
CING Chart- and CandleStick Pattern Analysis
CING Technicals: Chart, Performance Metrics, Trend & Indicators
5.5
-0.26 (-4.51%)
CINGULATE INC / CING TA FAQ
Can you provide the ChartMill technical rating for CINGULATE INC?
ChartMill assigns a technical rating of 1 / 10 to CING.
What is the trend direction for CING stock?
The current trend direction for CINGULATE INC (CING) is Bearish.
Can you provide the RSI signal for CINGULATE INC?
CINGULATE INC (CING) has an RSI value of 39.4675. This indicates that the stock is currently neutral.
What is the MACD signal for CING stock?
The MACD indicator for CINGULATE INC (CING) has a value of -0.146985, indicating a bearish trend.