CONCERT PHARMACEUTICALS INC (CNCE)

US2060221056 - Common Stock

8.37  +0.01 (+0.12%)

After market: 8.4 +0.03 (+0.36%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CNCE. Both in the recent history as in the last year, CNCE has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CNCE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, CNCE also shows a nice and consistent pattern of rising prices.
CNCE is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 588 stocks in the same industry.
A new 52 week high is currently being made by CNCE, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CNCE is leading the market.
CNCE has an average volume of 2549460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CNCE has a been trading in a tight range between 8.31 and 8.55.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CNCE Weekly chart
CNCE Daily chart
Setup Rating and Analysis

5

Although CNCE 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.

Support and Resistance Analysis

3.16

8.49

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 8.32 to 8.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.97 from a trend line in the weekly time frame.
  • A support zone ranging from 4.43 to 4.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @3.19 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.38 to 8.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.23
Mansfield4.93
10 Day High8.55
10 Day Low8.34
20 Day High8.55
20 Day Low8.31
52 Week High8.55
52 Week Low2.66
Performance
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.36%
3 Month72.22%
6 Month20.43%
12 Month190.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)66.67
LBB8.33
UBB8.42
CNCE Daily chart

CONCERT PHARMACEUTICALS INC

NASDAQ:CNCE (3/3/2023, 7:00:00 PM)

After market: 8.4 +0.03 (+0.36%)

8.37

+0.01 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.12%
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.36%
3 Month72.22%
6 Month20.43%
12 Month190.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%0.65%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.55
10 Day Low8.34
20 Day High8.55
20 Day Low8.31
52 Week High8.55
52 Week Low2.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.73M
Volume Incr217.37%
Vol(5)4.05M
Vol(50)2.55M