Constellation Pharmaceuticals Inc (CNST) Stock Technical Analysis
NASDAQ:CNST - Nasdaq -
Taking everything into account, CNST scores 7 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
CNST is part of the Biotechnology industry. There are 553 other stocks in this industry. CNST outperforms 77% of them.
CNST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNST is lagging the market slightly.
CNST has an average volume of 1734480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CNST did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CNST has a been trading in a tight range between 33.65 and 34.05.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CNST also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 33.94, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
18.52
37.38
4 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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. |
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)
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 trade has a worst case loss of 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.06%
1 Week0.12%
2 Weeks0.44%
1 Month0.77%
3 Month52.49%
6 Month5.62%
12 Month16.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.25%
ATR Inc-28.21%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.24
Mansfield1.09
10 Day High34.05
10 Day Low33.78
20 Day High34.05
20 Day Low33.65
52 Week High39.3
52 Week Low17
CS1 End33.94
CR1 Start36.85
Volume & EV
DER(3)2.04%
DER(5)1.16%
Volume1.31M
Volume Incr-31.75%
Vol(5)837.18K
Vol(50)1.73M