Overall CNAT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CNAT is only an average performer.
Although CNAT has an excellent technical rating, the quality of the presented setup is not ideal 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
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.
We found 1 important resistance area.
- Resistance @0.61 from a horizontal line in the weekly 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 | 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. |
0.556
+0 (+0.18%)
Conatus Pharmaceutic / CNAT FAQ
Can you provide the ChartMill technical rating for Conatus Pharmaceutic?
ChartMill assigns a technical rating of 8 / 10 to CNAT.
What is the trend direction for CNAT stock?
The current trend direction for Conatus Pharmaceutic (CNAT) is Bullish.
What is the RSI signal for CNAT stock?
Conatus Pharmaceutic (CNAT) has an RSI value of 59.3208. This indicates that the stock is currently neutral.
What is the MACD signal for CNAT stock?
The MACD indicator for Conatus Pharmaceutic (CNAT) has a value of 0.00413839, indicating a bearish trend.
What are the support and resistance levels for Conatus Pharmaceutic (CNAT) stock?
Conatus Pharmaceutic (CNAT) has a support level at 0.55 and a resistance level at 0.61. Check the full technical report for our detailed analysis of CNAT support and resistance levels.