CHECKMATE PHARMACEUTICALS IN (CMPI) Technical Analysis
NASDAQ:CMPI • US1628181083
Current stock price
CMPI Technical Rating and Analysis
Taking everything into account, CMPI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMPI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- CMPI is part of the Biotechnology industry. There are 519 other stocks in this industry. CMPI outperforms 99% of them.
- CMPI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMPI is leading the market.
- Looking at the yearly performance, CMPI did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month CMPI has a been trading in a tight range between 10.34 and 10.50.
- Considerably lower volume is observed in the last couple of days.
CMPI Weekly and Daily overview Charts
CMPI Setup Rating and Analysis
Besides having an excellent technical rating, CMPI also presents 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 10.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.48, a Stop Loss order could be placed below this zone.
More info and screens
CMPI Support and Resistance Analysis
10.26
When analyzing the support we notice one important area.
- A support zone ranging from 10.36 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.51 to 10.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMPI 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 | UP | POSITIVE | The long term trend for CMPI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMPI is up. |
| ChartMill Relative Strength | 99.74 | POSITIVE | CMPI has a high relative strength, it outperformed 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.82 | OVERBOUGHT | The high RSI value suggests CMPI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CMPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.75 | OVERBOUGHT | The high Stochastics value suggests CMPI may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for CMPI suggests low volalility. |
CMPI Chart- and CandleStick Pattern Analysis
CMPI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.52 | 10.42 | 0.10 (0.95%) | 25.00% |
| An entry @10.52. This is a Buy Stop order right above the resistance zone. | An exit @10.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CMPI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CMPI (5/27/2022, 8:00:01 PM)
10.5
+0.02 (+0.19%)
CHECKMATE PHARMACEUTICALS IN / CMPI TA FAQ
Can you provide the ChartMill technical rating for CHECKMATE PHARMACEUTICALS IN?
ChartMill assigns a technical rating of 8 / 10 to CMPI.
What is the trend direction for CMPI stock?
The current trend direction for CHECKMATE PHARMACEUTICALS IN (CMPI) is Bullish.
What is the RSI signal for CMPI stock?
CHECKMATE PHARMACEUTICALS IN (CMPI) has an RSI value of 88.8163. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CHECKMATE PHARMACEUTICALS IN?
The short term momentum for CHECKMATE PHARMACEUTICALS IN (CMPI) is positive.
What is the buy/sell signal for CMPI stock?
The buy/sell signal for CHECKMATE PHARMACEUTICALS IN (CMPI) is buy as both the short term and long term trends are positive.