CNS PHARMACEUTICALS INC (CNSP) Technical Analysis
NASDAQ:CNSP • US18978H5081
Current stock price
CNSP Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than CNSP.
- CNSP is one of the lesser performing stocks in the Pharmaceuticals industry. 86% of 193 stocks in the same industry do better.
- CNSP is currently making a new 52 week low. This is a very bad signal. 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 2.32 - 3.63 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
2.42
We found 1 important resistance area.
- A resistance zone ranging from 2.98 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 0.99 | NEGATIVE | CNSP has a low relative strength, it was outperformed by 99.01% 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) | 25.3 | OVERSOLD | The low RSI value suggests CNSP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CNSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.91 | OVERSOLD | The low Stochastics value suggests CNSP may be oversold. |
| Average True Range in percent/ATR (20) | 12.88 | HIGH VOLATILITY | The high ATR as a percentage value for CNSP suggests high volalility. |
| Average Directional Index/ADX (14) | 27.77 | 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
2.44
-0.4 (-14.08%)
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 25.3028. 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 2.98. Check the full technical report for our detailed analysis of CNSP support and resistance levels.