COGENT BIOSCIENCES INC (COGT) Stock Technical Analysis
NASDAQ:COGT - US19240Q2012 - Common Stock
12.08 USD
0 (0%)
12.08 USD
0 (0%)
We assign a technical rating of 9 out of 10 to COGT. Both in the recent history as in the last year, COGT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
COGT is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 542 stocks in the same industry.
COGT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
COGT has an average volume of 2943050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that COGT is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month COGT has a been trading in the 10.38 - 12.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, COGT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.50. Right above this resistance zone may be a good entry point.
More info and screens
4.34
12.63
3 important support areas can be observed.
- A support zone ranging from 10.74 to 10.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.64 from a horizontal line in the daily time frame.
- Support @4.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.50 to 12.50. 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 COGT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COGT is up. |
| ChartMill Relative Strength | 94.44 | POSITIVE | COGT has a high relative strength, it outperformed 94.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COGT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.94 | NEUTRAL | The RSI value for COGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests COGT has a negative trend. |
| Stochastics (14,3) | 72.55 | NEUTRAL | The Stochastics value for COGT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for COGT suggests some volalility. |
| Average Directional Index/ADX (14) | 35.6 | POSITIVE | The high ADX value value for COGT suggests a strong 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)
12.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-0.33%
2 Weeks1.6%
1 Month5.96%
3 Month122.06%
6 Month60.42%
12 Month12.48%
2 Year-1.06%
3 Year-26.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%4.63%
ATR Inc12.62%
Range Today0.33
ADR(20)0.54
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.44
Mansfield2.93
10 Day High12.84
10 Day Low11.53
20 Day High12.84
20 Day Low10.38
52 Week High12.97
52 Week Low3.72
CS1 End10.95
CR1 Start12.5
Volume & EV
DER(3)2.9%
DER(5)0.16%
Volume1.06M
Volume Incr-32.05%
Vol(5)947.66K
Vol(50)2.94M