Overall COGT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COGT is showing a nice and steady performance.
Although COGT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
39.82
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 | 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 | 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) | 85.72 | OVERBOUGHT | The high RSI value suggests COGT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests COGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.55 | OVERBOUGHT | The high Stochastics value suggests COGT may be overbought. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for COGT suggests high volalility. |
| Average Directional Index/ADX (14) | 50.19 | POSITIVE | The high ADX value value for COGT suggests a strong trend. |
40.22
-0.17 (-0.42%)
ChartMill assigns a technical rating of 10 / 10 to COGT.
The current trend direction for COGENT BIOSCIENCES INC (COGT) is Bullish.
COGENT BIOSCIENCES INC (COGT) has an RSI value of 85.7182. This indicates that the stock is currently overbought.
The buy/sell signal for COGENT BIOSCIENCES INC (COGT) is buy as both the short term and long term trends are positive.