COCRYSTAL PHARMA INC (COCP) Stock Technical Analysis
NASDAQ:COCP • US19188J4094
We assign a technical rating of 0 out of 10 to COCP. COCP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, COCP is a bad performer in the overall market: 86% of all stocks are doing better.
- COCP is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 62% are performing better than COCP.
- COCP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month COCP has a been trading in the 0.86 - 1.06 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, COCP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.00
3 important resistance areas can be observed.
- A resistance zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.16 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for COCP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COCP is neutral. |
| ChartMill Relative Strength | 14.75 | NEGATIVE | COCP has a low relative strength, it was outperformed by 85.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COCP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COCP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.95 | NEUTRAL | The RSI value for COCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests COCP has a positive trend. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for COCP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for COCP suggests high volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for COCP suggests a weak or negative trend. |
1.01
+0 (+0.17%)
COCRYSTAL PHARMA INC / COCP FAQ
Can you provide the ChartMill technical rating for COCRYSTAL PHARMA INC?
ChartMill assigns a technical rating of 0 / 10 to COCP.
What is the trend direction for COCP stock?
The current trend direction for COCRYSTAL PHARMA INC (COCP) is Bearish.
What is the RSI signal for COCRYSTAL PHARMA INC (COCP) stock?
COCRYSTAL PHARMA INC (COCP) has an RSI value of 52.9506. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COCRYSTAL PHARMA INC?
The MACD indicator for COCRYSTAL PHARMA INC (COCP) has a value of 0.00838399, indicating a bearish trend.
What are the support and resistance levels for COCRYSTAL PHARMA INC (COCP) stock?
COCRYSTAL PHARMA INC (COCP) has a resistance level at 1.03. Check the full technical report for our detailed analysis of COCP support and resistance levels.