CNS PHARMACEUTICALS INC (CNSP) Technical Analysis
NASDAQ:CNSP • US18978H5081
Current stock price
CNSP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CNSP. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CNSP is a bad performer in the overall market: 99% of all stocks are doing better.
- CNSP is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 84% are performing better than CNSP.
- CNSP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CNSP is lagging the market.
- In the last month CNSP has a been trading in the 2.06 - 3.62 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CNSP Weekly and Daily overview Charts
CNSP Setup Rating and Analysis
The technical rating of CNSP is bad and it also does not present a quality setup 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
CNSP Support and Resistance Analysis
2.27
When analyzing the resistance we notice one important area.
- Resistance @2.46 from a trend line in the daily time frame.
CNSP 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 | 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 | 1.21 | NEGATIVE | CNSP has a low relative strength, it was outperformed by 98.79% 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) | 27.12 | OVERSOLD | The low RSI value suggests CNSP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNSP has a positive trend. |
| Stochastics (14,3) | 10.41 | OVERSOLD | The low Stochastics value suggests CNSP may be oversold. |
| Average True Range in percent/ATR (20) | 12.69 | HIGH VOLATILITY | The high ATR as a percentage value for CNSP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for CNSP suggests a strong trend. |
CNSP Chart- and CandleStick Pattern Analysis
CNSP Technicals: Chart, Performance Metrics, Trend & Indicators
2.29
+0.12 (+5.53%)
CNS PHARMACEUTICALS INC / CNSP TA FAQ
What is the technical rating for CNSP stock?
ChartMill assigns a technical rating of 0 / 10 to CNSP.
What is the trend direction for CNSP stock?
The current trend direction for CNS PHARMACEUTICALS INC (CNSP) is Bearish.
What is the RSI signal for CNS PHARMACEUTICALS INC (CNSP) stock?
CNS PHARMACEUTICALS INC (CNSP) has an RSI value of 27.1184. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CNS PHARMACEUTICALS INC?
The short term momentum for CNS PHARMACEUTICALS INC (CNSP) is negative.
Can you provide the support and resistance levels for CNS PHARMACEUTICALS INC?
CNS PHARMACEUTICALS INC (CNSP) has a resistance level at 2.46. Check the full technical report for our detailed analysis of CNSP support and resistance levels.