CINGULATE INC (CING) Stock Technical Analysis
NASDAQ:CING - US17248W3034 - Common Stock
4.18 USD
-0.12 (-2.79%)
4.196 USD
+0.02 (+0.38%)
Overall CING gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CING is a bad performer in the overall market: 90% of all stocks are doing better.
CING is one of the lesser performing stocks in the Pharmaceuticals industry. 68% of 193 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.
In the last month CING has a been trading in the 3.50 - 5.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CING has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.20. Right above this resistance zone may be a good entry point.
More info and screens
3.54
4.41
4 important support areas can be observed.
- A support zone ranging from 4.07 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.74 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.67 from a horizontal line in the daily time frame.
- A support zone ranging from 3.58 to 3.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.20 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 10.18 | NEGATIVE | CING has a low relative strength, it was outperformed by 89.82% 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) | UP | MIXED | The current price of CING is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.02 | NEUTRAL | The RSI value for CING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CING has a positive trend. |
| Stochastics (14,3) | 60.62 | NEUTRAL | The Stochastics value for CING is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 22.99 | 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)
4.18
-0.12 (-2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.79%
1 Week7.18%
2 Weeks13.59%
1 Month-19.46%
3 Month6.63%
6 Month1.46%
12 Month-47.02%
2 Year-97.29%
3 Year-98.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%9.88%
ATR Inc-37.45%
Range Today0.21
ADR(20)0.4
ADR(20)%9.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.18
Mansfield-1.36
10 Day High4.43
10 Day Low3.71
20 Day High5.74
20 Day Low3.5
52 Week High7.69
52 Week Low3.02
CS1 End4.09
CR1 Start4.2
Volume & EV
DER(3)-4.35%
DER(5)0.91%
Volume77.10K
Volume Incr-24.25%
Vol(5)119.68K
Vol(50)130.27K