CONTEXT THERAPEUTICS INC (CNTX) Technical Analysis
NASDAQ:CNTX • US21077P1084
Current stock price
CNTX Technical Rating and Analysis
Taking everything into account, CNTX scores 6 out of 10 in our technical rating. In the last year, CNTX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month CNTX has a been trading in the 2.22 - 2.96 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CNTX is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, CNTX also shows a nice and consistent pattern of rising prices.
- CNTX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 86% of 191 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- CNTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNTX is lagging the market.
CNTX Weekly and Daily overview Charts
CNTX Setup Rating and Analysis
Although the technical rating is only medium, CNTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CNTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CNTX Support and Resistance Analysis
1.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.30 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.44 from a trend line in the daily time frame.
- Support @1.40 from a trend line in the weekly time frame.
CNTX 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 | UP | POSITIVE | The long term trend for CNTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNTX is down. |
| ChartMill Relative Strength | 95.05 | POSITIVE | CNTX has a high relative strength, it outperformed 95.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for CNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CNTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.93 | OVERSOLD | The low Stochastics value suggests CNTX may be oversold. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for CNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for CNTX suggests a weak or negative trend. |
CNTX Chart- and CandleStick Pattern Analysis
CNTX Example Setup
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 |
|---|---|---|---|
| 2.41 | 2.29 | 0.12 (5.18%) | 19.32% |
| An entry @2.41. This is a Buy Stop order right above the 10 day moving average. | An exit @2.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 5.18%. | When investing 19.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CNTX. Please evaluate whether better entry and exit points can be found.
- 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.
CNTX Technicals: Chart, Performance Metrics, Trend & Indicators
2.32
-0.09 (-3.73%)
CONTEXT THERAPEUTICS INC / CNTX TA FAQ
Can you provide the ChartMill technical rating for CONTEXT THERAPEUTICS INC?
ChartMill assigns a technical rating of 6 / 10 to CNTX.
What is the current trend direction of CONTEXT THERAPEUTICS INC (CNTX) stock?
The current trend direction for CONTEXT THERAPEUTICS INC (CNTX) is Bullish.
Can you provide the RSI signal for CONTEXT THERAPEUTICS INC?
CONTEXT THERAPEUTICS INC (CNTX) has an RSI value of 42.3916. This indicates that the stock is currently neutral.
What is the short term momentum for CONTEXT THERAPEUTICS INC (CNTX) stock?
The short term momentum for CONTEXT THERAPEUTICS INC (CNTX) is negative.
What is the buy/sell signal for CNTX stock?
The buy/sell signal for CONTEXT THERAPEUTICS INC (CNTX) is hold as the short term and long term trends are mixed.