COGENT BIOSCIENCES INC (COGT) Stock Technical Analysis
NASDAQ:COGT - Nasdaq - US19240Q2012 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to COGT. COGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, COGT is a bad performer in the overall market: 91% of all stocks are doing better.
COGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COGT is lagging the market.
In the last month COGT has a been trading in the 4.55 - 5.89 range, which is quite wide. It is currently trading near the lows of this range.
COGT has an average volume of 1310570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COGT is an average performer in the Biotechnology industry, it outperforms 43% of 560 stocks in the same industry.
Although the technical rating is bad, COGT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for COGT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.34
9.73
We found 2 important support areas.
- Support @4.69 from a horizontal line in the daily time frame.
- Support @4.38 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.06 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.32 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.27 from a trend line in the weekly time frame.
- Resistance @6.83 from a trend line in the daily time frame.
- Resistance @9.63 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 COGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COGT is down. |
| ChartMill Relative Strength | 9 | NEGATIVE | COGT has a low relative strength, it was outperformed by 91% 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) | DOWN | NEGATIVE | The current price of COGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for COGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests COGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.32 | NEUTRAL | The Stochastics value for COGT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for COGT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for COGT 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)
NASDAQ:COGT (5/27/2025, 2:31:09 PM)
4.915
+0.09 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.97%
1 Week-1.23%
2 Weeks0.21%
1 Month3.88%
3 Month-39.75%
6 Month-47.21%
12 Month-41.36%
2 Year-58.94%
3 Year4.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%8.12%
ATR Inc-43.37%
Range Today0.17
ADR(20)0.38
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9
Mansfield-4.36
10 Day High5.34
10 Day Low4.55
20 Day High5.89
20 Day Low4.55
52 Week High12.61
52 Week Low3.72
CS1 End4.69
CR1 Start5.06
Volume & EV
DER(3)-1.39%
DER(5)4.07%
Volume961.89K
Volume Incr11.32%
Vol(5)1.20M
Vol(50)1.31M