Taking everything into account, CORT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CORT has proven to be a steady performer, scoring decent points in every aspect analyzed.
CORT has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
68.32
5 important support areas can be observed.
- A support zone ranging from 78.24 to 79.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.98 from a trend line in the weekly time frame.
- Support @73.70 from a trend line in the daily time frame.
- A support zone ranging from 71.10 to 72.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @88.15 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CORT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORT is up. |
| ChartMill Relative Strength | 89.44 | POSITIVE | CORT has a high relative strength, it outperformed 89.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CORT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CORT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.29 | NEUTRAL | The RSI value for CORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests CORT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.63 | NEUTRAL | The Stochastics value for CORT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CORT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for CORT suggests a weak or negative trend. |
83.15
+0.17 (+0.2%)
CORCEPT THERAPEUTICS INC / CORT FAQ
What is the ChartMill technical rating of CORCEPT THERAPEUTICS INC (CORT) stock?
ChartMill assigns a technical rating of 10 / 10 to CORT.
What is the trend direction for CORT stock?
The current trend direction for CORCEPT THERAPEUTICS INC (CORT) is Bullish.
Can you provide the RSI signal for CORCEPT THERAPEUTICS INC?
CORCEPT THERAPEUTICS INC (CORT) has an RSI value of 60.2871. This indicates that the stock is currently neutral.
What is the short term momentum for CORCEPT THERAPEUTICS INC (CORT) stock?
The short term momentum for CORCEPT THERAPEUTICS INC (CORT) is positive.
Can you provide the buy/sell signal for CORCEPT THERAPEUTICS INC?
The buy/sell signal for CORCEPT THERAPEUTICS INC (CORT) is buy as both the short term and long term trends are positive.