CINGULATE INC (CING) Stock Technical Analysis
NASDAQ:CING - Nasdaq - US17248W3034 - Common Stock - Currency: USD
Taking everything into account, CING scores 1 out of 10 in our technical rating. CING scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
66% of all other stocks performed better in the past year than CING.
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 3.81 - 5.49 range, which is quite wide. It is currently trading near the lows of this range.
CING is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, CING did better than 60% of them.
Considerably lower volume is observed in the last couple of days.
CING has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.33
5.24
When analyzing the support we can see 5 important areas.
- Support @4.03 from a horizontal line in the daily time frame.
- Support @3.81 from a trend line in the weekly time frame.
- Support @3.69 from a trend line in the weekly time frame.
- Support @3.58 from a horizontal line in the weekly time frame.
- Support @3.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 4.10 to 4.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.21 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.34 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.88 from a trend line in the daily time frame.
- Resistance @5.19 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CING is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CING is neutral. |
| ChartMill Relative Strength | 34.95 | NEUTRAL | CING is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CING is below the rising 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) | DOWN | NEGATIVE | The current price of CING is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.35 | NEUTRAL | The RSI value for CING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CING has a negative trend. |
| Stochastics (14,3) | 11.72 | OVERSOLD | The low Stochastics value suggests CING may be oversold. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for CING suggests a possible start of a new 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)
4.05
-0.05 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.22%
1 Week-2.17%
2 Weeks-7.95%
1 Month1.5%
3 Month-6.9%
6 Month-15.27%
12 Month5.47%
2 Year-98.19%
3 Year-98.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%7.86%
ATR Inc-37.84%
Range Today0.2
ADR(20)0.32
ADR(20)%7.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.95
Mansfield-2.05
10 Day High4.69
10 Day Low3.9
20 Day High5.49
20 Day Low3.81
52 Week High20.83
52 Week Low1.8
CS1 End4.03
CR1 Start4.1
Volume & EV
DER(3)-8.28%
DER(5)-6.89%
Volume48.60K
Volume Incr-30.07%
Vol(5)94.62K
Vol(50)168.29K