Overall CNST gets a technical rating of 7 out of 10. CNST has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, CNST also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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18.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.62 to 33.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.89 from a trend line in the weekly time frame.
- Support @19.45 from a horizontal line in the weekly time frame.
- Support @18.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.85 to 37.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CNST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNST is up. |
| ChartMill Relative Strength | 78.24 | POSITIVE | CNST has a high relative strength, it outperformed 78.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.98 | OVERBOUGHT | The high RSI value suggests CNST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests CNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests CNST may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for CNST suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.06 | 33.77 | 0.29 (0.85%) | 25.00% |
| An entry @34.06. This is a Buy Stop order right above the 10 day high. | An exit @33.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.29 points, which is 0.85%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
33.99
+0.02 (+0.06%)
Constellation Pharmaceuticals Inc / CNST FAQ
What is the technical rating for CNST stock?
ChartMill assigns a technical rating of 7 / 10 to CNST.
What is the current trend direction of Constellation Pharmaceuticals Inc (CNST) stock?
The current trend direction for Constellation Pharmaceuticals Inc (CNST) is Bullish.
What is the RSI signal for CNST stock?
Constellation Pharmaceuticals Inc (CNST) has an RSI value of 80.9778. This indicates that the stock is currently overbought.
What is the short term momentum for CNST stock?
The short term momentum for Constellation Pharmaceuticals Inc (CNST) is positive.
Can you provide the buy/sell signal for Constellation Pharmaceuticals Inc?
The buy/sell signal for Constellation Pharmaceuticals Inc (CNST) is buy as both the short term and long term trends are positive.