CENTESSA PHARMACEUTICALS-ADR (CNTA) Stock Technical Analysis
NASDAQ:CNTA • US1523091007
Taking everything into account, CNTA scores 4 out of 10 in our technical rating. Although CNTA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, CNTA did better than 76% of all other stocks.
- CNTA 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 CNTA is lagging the market slightly.
- CNTA has an average volume of 1405700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CNTA is part of the Biotechnology industry. There are 522 other stocks in this industry, CNTA did better than 65% of them.
- In the last month CNTA has a been trading in the 21.50 - 26.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNTA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.49, a Stop Loss order could be placed below this zone.
More info and screens
21.80
We found 3 important support areas.
- A support zone ranging from 24.23 to 24.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.56 to 23.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.02 to 22.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.68 to 25.99. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CNTA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNTA is neutral. |
| ChartMill Relative Strength | 76.32 | POSITIVE | CNTA has a high relative strength, it outperformed 76.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for CNTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNTA has a positive trend. |
| Stochastics (14,3) | 41.05 | NEUTRAL | The Stochastics value for CNTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for CNTA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for CNTA suggests a weak or negative trend. |
24.71
+0.46 (+1.9%)
CENTESSA PHARMACEUTICALS-ADR / CNTA FAQ
What is the ChartMill technical rating of CENTESSA PHARMACEUTICALS-ADR (CNTA) stock?
ChartMill assigns a technical rating of 4 / 10 to CNTA.
What is the current trend direction of CENTESSA PHARMACEUTICALS-ADR (CNTA) stock?
The current trend direction for CENTESSA PHARMACEUTICALS-ADR (CNTA) is Bearish.
Can you provide the RSI signal for CENTESSA PHARMACEUTICALS-ADR?
CENTESSA PHARMACEUTICALS-ADR (CNTA) has an RSI value of 53.7109. This indicates that the stock is currently neutral.
What is the short term momentum for CNTA stock?
The short term momentum for CENTESSA PHARMACEUTICALS-ADR (CNTA) is neutral.
Can you provide the support and resistance levels for CENTESSA PHARMACEUTICALS-ADR?
CENTESSA PHARMACEUTICALS-ADR (CNTA) has a support level at 24.49 and a resistance level at 25.68. Check the full technical report for our detailed analysis of CNTA support and resistance levels.