CING Technical Analysis - CINGULATE INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to CING. CING's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

90% of all other stocks performed better in the past year than CING.

CING is one of the lesser performing stocks in the Pharmaceuticals industry. 69% of 195 stocks in the same industry do better.

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.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

In the last month CING has a been trading in the 3.47 - 4.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

CING has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.62, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.44

4.34

When analyzing the support we can see 2 important areas.

A support zone ranging from 3.53 to 3.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @3.47 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 3.95 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 4.16 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @4.30 from a horizontal line in the daily time frame.

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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	10.52	NEGATIVE	CING has a low relative strength, it was outperformed by 89.48% off all stocks 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)	40.85	NEUTRAL	The RSI value for CING is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests CING has a negative trend.
Stochastics (14,3)	18.51	OVERSOLD	The low Stochastics value suggests CING may be oversold.
Average True Range in percent/ATR (20)	7.33	HIGH VOLATILITY	The high ATR as a percentage value for CING suggests high volalility.
Average Directional Index/ADX (14)	15.13	NEGATIVE	The low ADX value for CING suggests a weak or negative trend.