CORCEPT THERAPEUTICS INC (CORT) Stock Technical Analysis
NASDAQ:CORT - US2183521028 - Common Stock
70.33 USD
-0.65 (-0.92%)
70.33 USD
0 (0%)
Overall CORT gets a technical rating of 6 out of 10. In the last year, CORT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CORT is one of the better performing stocks in the market, outperforming 91% of all stocks.
CORT is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. CORT outperforms 77% of them.
CORT has an average volume of 1122300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CORT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CORT is lagging the market.
In the last month CORT has a been trading in the 62.40 - 75.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CORT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 70.06, a Stop Loss order could be placed below this zone.
More info and screens
66.50
79.48
We found 1 important support area.
- A support zone ranging from 67.17 to 70.06. 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 70.69 to 71.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.74 to 73.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 78.69 to 78.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CORT is neutral. |
| ChartMill Relative Strength | 91.51 | POSITIVE | CORT has a high relative strength, it outperformed 91.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CORT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORT is below 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) | 47.4 | NEUTRAL | The RSI value for CORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CORT has a negative trend. |
| Stochastics (14,3) | 44.62 | NEUTRAL | The Stochastics value for CORT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for CORT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.48 | NEGATIVE | The low ADX value for CORT 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)
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 |
|---|---|---|---|
| 71.59 | 69.72 | 1.87 (2.61%) | 25.00% |
| An entry @71.59. This is a Buy Stop order right above the resistance zone. | An exit @69.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.87 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CORT. Please evaluate whether better entry and exit points can be found.
- 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.
70.33
-0.65 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.92%
1 Week-1.97%
2 Weeks-2.72%
1 Month2.99%
3 Month-10.62%
6 Month10.69%
12 Month102.16%
2 Year114.88%
3 Year172.39%
5 Year453.78%
10 Year1306.6%
15 Year2420.79%
Volatility
ATR(14)1.76
ATR(20)%3.38%
ATR Inc-50.21%
Range Today1.54
ADR(20)2.37
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.51
Mansfield0.59
10 Day High75.2
10 Day Low69.73
20 Day High75.2
20 Day Low62.4
52 Week High117.33
52 Week Low33.34
CS1 End70.06
CR1 Start70.69
Volume & EV
DER(3)1.94%
DER(5)1.04%
Volume866.20K
Volume Incr-27.35%
Vol(5)630.72K
Vol(50)1.12M