Conatus Pharmaceutic (CNAT) Technical Analysis
NASDAQ:CNAT
Current stock price
CNAT Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CNAT. Although CNAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CNAT has an average volume of 1614220 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 CNAT is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- CNAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNAT is lagging the market.
- In the last month CNAT has a been trading in the 0.33 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CNAT Weekly and Daily overview Charts
CNAT Setup Rating and Analysis
CNAT has an excellent technical rating, but the quality of the setup is only medium 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
CNAT Support and Resistance Analysis
0.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.39 from a trend line in the daily time frame.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.61 from a horizontal line in the weekly time frame.
CNAT 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 CNAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNAT is up. |
| ChartMill Relative Strength | 72.81 | POSITIVE | CNAT has a high relative strength, it outperformed 72.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for CNAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.04 | NEUTRAL | The Stochastics value for CNAT is a neutral value. |
| Average True Range in percent/ATR (20) | 16.12 | HIGH VOLATILITY | The high ATR as a percentage value for CNAT suggests high volalility. |
CNAT Chart- and CandleStick Pattern Analysis
CNAT Technicals: Chart, Performance Metrics, Trend & Indicators
0.556
+0 (+0.18%)
Conatus Pharmaceutic / CNAT TA FAQ
Can you provide the ChartMill technical rating for Conatus Pharmaceutic?
ChartMill assigns a technical rating of 8 / 10 to CNAT.
What is the current trend direction of Conatus Pharmaceutic (CNAT) stock?
The current trend direction for Conatus Pharmaceutic (CNAT) is Bullish.
What is the RSI signal for Conatus Pharmaceutic (CNAT) stock?
Conatus Pharmaceutic (CNAT) has an RSI value of 59.3208. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Conatus Pharmaceutic?
The MACD indicator for Conatus Pharmaceutic (CNAT) has a value of 0.00413839, indicating a bearish trend.
Can you provide the buy/sell signal for Conatus Pharmaceutic?
The buy/sell signal for Conatus Pharmaceutic (CNAT) is buy as both the short term and long term trends are positive.