Overall CNSP gets a technical rating of 0 out of 10. CNSP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CNSP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.50, a Stop Loss order could be placed below this zone.
More info and screens
6.38
We found 1 important support area.
- A support zone ranging from 6.44 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.77 from a trend line in the daily time frame.
- A resistance zone ranging from 7.40 to 7.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.70 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for CNSP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNSP is down. |
| ChartMill Relative Strength | 4.47 | NEGATIVE | CNSP has a low relative strength, it was outperformed by 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNSP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNSP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.02 | NEUTRAL | The RSI value for CNSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNSP has a negative trend. |
| Stochastics (14,3) | 29.77 | NEUTRAL | The Stochastics value for CNSP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for CNSP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for CNSP suggests a weak or negative trend. |
6.51
-0.17 (-2.54%)
CNS PHARMACEUTICALS INC / CNSP FAQ
What is the technical rating for CNSP stock?
ChartMill assigns a technical rating of 0 / 10 to CNSP.
What is the current trend direction of CNS PHARMACEUTICALS INC (CNSP) stock?
The current trend direction for CNS PHARMACEUTICALS INC (CNSP) is Bearish.
Can you provide the RSI signal for CNS PHARMACEUTICALS INC?
CNS PHARMACEUTICALS INC (CNSP) has an RSI value of 42.0162. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CNS PHARMACEUTICALS INC?
The MACD indicator for CNS PHARMACEUTICALS INC (CNSP) has a value of -0.00550742, indicating a bearish trend.
What is the support and resistance level for CNSP stock?
CNS PHARMACEUTICALS INC (CNSP) has a support level at 6.5 and a resistance level at 6.77. Check the full technical report for our detailed analysis of CNSP support and resistance levels.