COMPASS THERAPEUTICS INC (CMPX) Technical Analysis
NASDAQ:CMPX • US20454B1044
Current stock price
CMPX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CMPX. In the last year, CMPX was one of the better performers, but we do observe some doubts in the very recent evolution.
- CMPX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, CMPX did better than 95% of all other stocks. On top of that, CMPX also shows a nice and consistent pattern of rising prices.
- CMPX is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 517 stocks in the same industry.
- CMPX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CMPX is performing more or less in line with the market.
- CMPX has an average volume of 2256510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CMPX Weekly and Daily overview Charts
CMPX Setup Rating and Analysis
CMPX has an excellent technical rating and 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 5.55. Right above this resistance zone may be a good entry point.
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CMPX Support and Resistance Analysis
5.13
When analyzing the support we can see 2 important areas.
- Support @5.28 from a trend line in the daily time frame.
- A support zone ranging from 5.18 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.55 to 5.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CMPX 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 CMPX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMPX is down. |
| ChartMill Relative Strength | 95.34 | POSITIVE | CMPX has a high relative strength, it outperformed 95.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMPX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.08 | NEUTRAL | The RSI value for CMPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CMPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.16 | NEUTRAL | The Stochastics value for CMPX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for CMPX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for CMPX suggests a strong trend. |
CMPX Chart- and CandleStick Pattern Analysis
CMPX Technicals: Chart, Performance Metrics, Trend & Indicators
5.39
+0.07 (+1.32%)
COMPASS THERAPEUTICS INC / CMPX TA FAQ
What is the technical rating for CMPX stock?
ChartMill assigns a technical rating of 7 / 10 to CMPX.
Can you provide the trend direction for COMPASS THERAPEUTICS INC?
The current trend direction for COMPASS THERAPEUTICS INC (CMPX) is Bullish.
Can you provide the RSI signal for COMPASS THERAPEUTICS INC?
COMPASS THERAPEUTICS INC (CMPX) has an RSI value of 42.084. This indicates that the stock is currently neutral.
What is the MACD signal for COMPASS THERAPEUTICS INC (CMPX) stock?
The MACD indicator for COMPASS THERAPEUTICS INC (CMPX) has a value of -0.0191425, indicating a bearish trend.
What are the support and resistance levels for COMPASS THERAPEUTICS INC (CMPX) stock?
COMPASS THERAPEUTICS INC (CMPX) has a support level at 5.28 and a resistance level at 5.55. Check the full technical report for our detailed analysis of CMPX support and resistance levels.