COMPASS PATHWAYS PLC (CMPS) Technical Analysis
NASDAQ:CMPS • US20451W1018
Current stock price
CMPS Technical Rating and Analysis
Taking everything into account, CMPS scores 2 out of 10 in our technical rating. Although CMPS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month CMPS has a been trading in the 4.88 - 7.55 range, which is quite wide. It is currently trading near the lows of this range.
- CMPS has an average volume of 3212940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CMPS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- CMPS is an average performer in the Biotechnology industry, it outperforms 68% of 517 stocks in the same industry.
- CMPS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMPS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
CMPS Weekly and Daily overview Charts
CMPS Setup Rating and Analysis
CMPS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CMPS Support and Resistance Analysis
4.85
We found 3 important support areas.
- A support zone ranging from 5.30 to 5.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.21 from a horizontal line in the daily time frame.
- Support @4.90 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.65 from a horizontal line in the daily time frame.
- Resistance @6.36 from a trend line in the daily time frame.
- Resistance @8.03 from a horizontal line in the weekly time frame.
CMPS 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 | DOWN | NEGATIVE | The long term trend for CMPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMPS is down. |
| ChartMill Relative Strength | 88.27 | POSITIVE | CMPS has a high relative strength, it outperformed 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CMPS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.38 | NEUTRAL | The RSI value for CMPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CMPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.57 | NEUTRAL | The Stochastics value for CMPS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for CMPS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.73 | NEUTRAL | The ADX value for CMPS suggests a possible start of a new trend. |
CMPS Chart- and CandleStick Pattern Analysis
CMPS Technicals: Chart, Performance Metrics, Trend & Indicators
5.53
+0.29 (+5.53%)
COMPASS PATHWAYS PLC / CMPS TA FAQ
What is the technical rating for CMPS stock?
ChartMill assigns a technical rating of 2 / 10 to CMPS.
What is the trend direction for CMPS stock?
The current trend direction for COMPASS PATHWAYS PLC (CMPS) is Bearish.
What is the RSI signal for COMPASS PATHWAYS PLC (CMPS) stock?
COMPASS PATHWAYS PLC (CMPS) has an RSI value of 40.3832. This indicates that the stock is currently neutral.
What is the buy/sell signal for CMPS stock?
The buy/sell signal for COMPASS PATHWAYS PLC (CMPS) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CMPS stock?
COMPASS PATHWAYS PLC (CMPS) has a support level at 5.36 and a resistance level at 5.65. Check the full technical report for our detailed analysis of CMPS support and resistance levels.