COGENT BIOSCIENCES INC (COGT) Technical Analysis
NASDAQ:COGT • US19240Q2012
Current stock price
36.1 USD
-0.77 (-2.09%)
At close:
36.1 USD
0 (0%)
After Hours:
COGT Technical Rating and Analysis
We assign a technical rating of 6 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!
- When comparing the yearly performance of all stocks, we notice that COGT is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by COGT over the past year are nicely spread over this period.
- COGT is part of the Biotechnology industry. There are 519 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 is also trading in the upper part of its 52 week range, so COGT is performing more or less in line with the market.
- COGT has an average volume of 2000480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month COGT has a been trading in the 32.70 - 38.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COGT Weekly and Daily overview Charts
COGT Setup Rating and Analysis
Although the technical rating is only medium, COGT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.41, a Stop Loss order could be placed below this zone.
More info and screens
COGT Support and Resistance Analysis
21.43
40.57
We found 3 important support areas.
- A support zone ranging from 34.26 to 34.41. This zone is formed by a combination of multiple trend lines 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.
- A support zone ranging from 21.65 to 21.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.20 to 37.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.86 to 39.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 99.19 | POSITIVE | COGT has a high relative strength, it outperformed 99.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COGT is above a declining 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) | 49.35 | NEUTRAL | The RSI value for COGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests COGT has a positive trend. |
| Stochastics (14,3) | 68.91 | NEUTRAL | The Stochastics value for COGT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for COGT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.33 | 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 Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.67 | 34.25 | 3.42 (9.08%) | 11.01% |
| An entry @37.67. This is a Buy Stop order right above the resistance zone. | An exit @34.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.42 points, which is 9.08%. | For a 1.00% total portfolio risk, you can invest 11.01% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COGT Technicals: Chart, Performance Metrics, Trend & Indicators
36.1
-0.77 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.09%
1 Week8.15%
2 Weeks6.18%
1 Month-7.08%
3 Month-7.15%
6 Month154.94%
12 Month457.1%
2 Year437.2%
3 Year234.57%
5 Year311.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%5.25%
ATR Inc-35.17%
Range Today1.23
ADR(20)1.71
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.19
3 months CRS39.56
6 months CRS99.11
Mansfield8.51
10 Day High37.18
10 Day Low32.7
20 Day High38.95
20 Day Low32.7
52 Week High43.73
52 Week Low3.72
CS1 End34.41
CR1 Start37.2
Volume & EV
DER(3)-2.68%
DER(5)-1.45%
Volume1.54M
Volume Incr-7.25%
Vol(5)1.95M
Vol(50)2.00M
COGENT BIOSCIENCES INC / COGT TA FAQ
What is the technical rating for COGT stock?
ChartMill assigns a technical rating of 6 / 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 COGT stock?
COGENT BIOSCIENCES INC (COGT) has an RSI value of 49.3482. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COGENT BIOSCIENCES INC?
COGENT BIOSCIENCES INC (COGT) has a support level at 34.41 and a resistance level at 37.2. Check the full technical report for our detailed analysis of COGT support and resistance levels.