CINGULATE INC (CING) Stock Technical Analysis
USA - NASDAQ:CING - US17248W3034 - Common Stock
Taking everything into account, CING scores 0 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.
CING has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.48, a Stop Loss order could be placed below this zone.
More info and screens
3.44
When analyzing the support we notice one important area.
- A support zone ranging from 3.47 to 3.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.83 to 3.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.30 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 | DOWN | NEGATIVE | The short term trend for CING is down. |
| ChartMill Relative Strength | 17.95 | NEGATIVE | CING has a low relative strength, it was outperformed by 82.05% off all stocks 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) | DOWN | NEGATIVE | The current price of CING is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.94 | NEUTRAL | The RSI value for CING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CING has a negative trend. |
| Stochastics (14,3) | 36.42 | NEUTRAL | The Stochastics value for CING is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 10.34 | NEGATIVE | The low ADX value for CING suggests a weak or negative trend. |
3.49
+0.16 (+4.8%)
CINGULATE INC / CING FAQ
Can you provide the ChartMill technical rating for CINGULATE INC?
ChartMill assigns a technical rating of 0 / 10 to CING.
Can you provide the trend direction for CINGULATE INC?
The current trend direction for CINGULATE INC (CING) is Bearish.
What is the RSI signal for CINGULATE INC (CING) stock?
CINGULATE INC (CING) has an RSI value of 42.9424. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CINGULATE INC?
The MACD indicator for CINGULATE INC (CING) has a value of -0.0180259, indicating a bearish trend.
What is the buy/sell signal for CINGULATE INC (CING) stock?
The buy/sell signal for CINGULATE INC (CING) is sell as both the short term and long term trends are negative.