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'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.
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 3.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CING in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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3.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.67 to 3.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.59 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.47 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.78 to 3.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.19 from a horizontal line in the weekly time frame.
- 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 | 36.88 | 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) | DOWN | NEGATIVE | The current price of CING is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.18 | 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) | 42.95 | NEUTRAL | The Stochastics value for CING is a neutral value. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for CING suggests high volalility. |
| Average Directional Index/ADX (14) | 9.83 | NEGATIVE | The low ADX value for CING suggests a weak or negative trend. |
3.73
+0.05 (+1.36%)
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 47.1819. 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 0.00542802, 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.