COGENT BIOSCIENCES INC (COGT) Technical Analysis
NASDAQ:COGT • US19240Q2012
Current stock price
36.39 USD
-0.34 (-0.93%)
At close:
36.35 USD
-0.04 (-0.11%)
After Hours:
COGT Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to COGT. COGT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, COGT did better than 99% of all other stocks. On top of that, COGT also shows a nice and consistent pattern of rising prices.
- COGT is part of the Biotechnology industry. There are 516 other stocks in this industry. COGT outperforms 96% of them.
- COGT 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 COGT is lagging the market slightly.
- In the last month COGT has a been trading in the 33.82 - 39.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- COGT has an average volume of 2143610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COGT Weekly and Daily overview Charts
COGT Setup Rating and Analysis
COGT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
COGT Support and Resistance Analysis
23.04
40.57
We found 3 important support areas.
- Support @34.26 from a horizontal line in the daily time frame.
- A support zone ranging from 33.37 to 33.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 36.42 to 37.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.27 from a trend line in the daily time frame.
- A resistance zone ranging from 39.98 to 40.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
COGT 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 COGT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COGT is neutral. |
| ChartMill Relative Strength | 99.32 | POSITIVE | COGT has a high relative strength, it outperformed 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COGT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COGT is below a declining 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) | 49.82 | NEUTRAL | The RSI value for COGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests COGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.7 | NEUTRAL | The Stochastics value for COGT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for COGT suggests some volalility. |
| Average Directional Index/ADX (14) | 8.69 | NEGATIVE | The low ADX value for COGT suggests a weak or negative trend. |
COGT Chart- and CandleStick Pattern Analysis
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)
COGT Technicals: Chart, Performance Metrics, Trend & Indicators
36.39
-0.34 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.93%
1 Week0.19%
2 Weeks-1.52%
1 Month4.09%
3 Month-0.79%
6 Month140.52%
12 Month684.27%
2 Year459.85%
3 Year238.2%
5 Year318.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%4.56%
ATR Inc-28.67%
Range Today1.44
ADR(20)1.52
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.32
3 months CRS42.79
6 months CRS98.81
Mansfield4.98
10 Day High37.99
10 Day Low35.57
20 Day High39.41
20 Day Low33.82
52 Week High43.73
52 Week Low4.55
CS1 End34.26
CR1 Start36.42
Volume & EV
DER(3)-2.39%
DER(5)-0.06%
Volume1.42M
Volume Incr-22.22%
Vol(5)2.02M
Vol(50)2.14M
COGENT BIOSCIENCES INC / COGT TA FAQ
What is the technical rating for COGT stock?
ChartMill assigns a technical rating of 7 / 10 to COGT.
Can you provide the trend direction for COGENT BIOSCIENCES INC?
The current trend direction for COGENT BIOSCIENCES INC (COGT) is Bullish.
What is the RSI signal for COGENT BIOSCIENCES INC (COGT) stock?
COGENT BIOSCIENCES INC (COGT) has an RSI value of 49.8249. This indicates that the stock is currently neutral.
What is the short term momentum for COGT stock?
The short term momentum for COGENT BIOSCIENCES INC (COGT) is neutral.