COCRYSTAL PHARMA INC (COCP) Stock Technical Analysis
NASDAQ:COCP - Nasdaq - US19188J4094 - Common Stock - Currency: USD
Taking everything into account, COCP scores 6 out of 10 in our technical rating. In the past year, COCP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
COCP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: COCP has an average volume of 22166 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month COCP has a been trading in the 1.44 - 1.83 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, COCP turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
COCP is an average performer in the Pharmaceuticals industry, it outperforms 65% of 193 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
COCP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.49
1.83
2 important support areas can be observed.
- A support zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.50 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.81 to 1.81. 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 | NEUTRAL | NEUTRAL | The long term trend for COCP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COCP is up. |
| ChartMill Relative Strength | 55.66 | NEUTRAL | COCP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of COCP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.73 | NEUTRAL | The RSI value for COCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests COCP has a positive trend. |
| Stochastics (14,3) | 74.2 | NEUTRAL | The Stochastics value for COCP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for COCP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for COCP suggests a weak or negative trend. |
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)
1.8
+0.23 (+14.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg14.65%
1 Week18.42%
2 Weeks16.13%
1 Month9.76%
3 Month40.63%
6 Month-18.55%
12 Month-21.74%
2 Year-32.33%
3 Year-62.64%
5 Year-91.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.45%
ATR Inc81.79%
Range Today0.27
ADR(20)0.09
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.66
Mansfield-0.83
10 Day High1.83
10 Day Low1.44
20 Day High1.83
20 Day Low1.44
52 Week High3.26
52 Week Low1.12
CS1 End1.55
CR1 Start1.81
Volume & EV
DER(3)5.08%
DER(5)0.12%
Volume132.90K
Volume Incr79.29%
Vol(5)37.66K
Vol(50)22.17K