Conatus Pharmaceutic (CNAT) Stock Technical Analysis
USA - NASDAQ:CNAT -
0.556
+0 (+0.18%)
0.54
-0.02 (-2.88%)
Taking everything into account, CNAT scores 8 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
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 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
0.38
0.62
3 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.556
+0 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week-13.8%
2 Weeks29.3%
1 Month61.16%
3 Month40.72%
6 Month50.43%
12 Month-28.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%16.12%
ATR Inc-28.8%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.81
Mansfield4.16
10 Day High0.75
10 Day Low0.41
20 Day High0.75
20 Day Low0.33
52 Week High1.07
52 Week Low0.23
CS1 End0.55
CR1 Start0.61
Volume & EV
DER(3)-4.03%
DER(5)-2.66%
Volume1.70M
Volume Incr95.83%
Vol(5)4.70M
Vol(50)1.61M