CORCEPT THERAPEUTICS INC (CORT) Technical Analysis
NASDAQ:CORT • US2183521028
Current stock price
CORT Technical Rating and Analysis
Taking everything into account, CORT scores 4 out of 10 in our technical rating. In the past year, CORT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 84% of all other stocks performed better in the past year than CORT.
- CORT 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 CORT is lagging the market.
- CORT has an average volume of 2107930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- CORT is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, CORT did better than 40% of them.
- In the last month CORT has a been trading in the 31.81 - 50.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CORT Weekly and Daily overview Charts
CORT Setup Rating and Analysis
CORT has an average technical rating and it also does not offer a high quality setup 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
CORT Support and Resistance Analysis
37.21
When analyzing the support we notice one important area.
- A support zone ranging from 37.59 to 38.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 42.50 to 42.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.27 from a trend line in the daily time frame.
- Resistance @88.15 from a horizontal line in the weekly time frame.
- Resistance @90.32 from a horizontal line in the daily time frame.
CORT 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 | DOWN | NEGATIVE | The long term trend for CORT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORT is up. |
| ChartMill Relative Strength | 16.39 | NEGATIVE | CORT has a low relative strength, it was outperformed by 83.61% 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) | UP | POSITIVE | The current price of CORT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CORT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.79 | NEUTRAL | The RSI value for CORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests CORT has a positive trend. |
| Stochastics (14,3) | 52.45 | NEUTRAL | The Stochastics value for CORT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for CORT suggests high volalility. |
| Average Directional Index/ADX (14) | 44.41 | POSITIVE | The high ADX value value for CORT suggests a strong trend. |
CORT Chart- and CandleStick Pattern Analysis
CORT Technicals: Chart, Performance Metrics, Trend & Indicators
42.49
+0.51 (+1.21%)
CORCEPT THERAPEUTICS INC / CORT TA FAQ
What is the ChartMill technical rating of CORCEPT THERAPEUTICS INC (CORT) stock?
ChartMill assigns a technical rating of 4 / 10 to CORT.
What is the current trend direction of CORCEPT THERAPEUTICS INC (CORT) stock?
The current trend direction for CORCEPT THERAPEUTICS INC (CORT) is Bearish.
What is the RSI signal for CORT stock?
CORCEPT THERAPEUTICS INC (CORT) has an RSI value of 65.7931. This indicates that the stock is currently neutral.
What is the short term momentum for CORT stock?
The short term momentum for CORCEPT THERAPEUTICS INC (CORT) is positive.
What is the buy/sell signal for CORCEPT THERAPEUTICS INC (CORT) stock?
The buy/sell signal for CORCEPT THERAPEUTICS INC (CORT) is hold as the short term and long term trends are mixed.