CORCEPT THERAPEUTICS INC (CORT) Stock Technical Analysis
NASDAQ:CORT - Nasdaq - US2183521028 - Common Stock - Currency: USD
Taking everything into account, CORT scores 6 out of 10 in our technical rating. In the last year, CORT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CORT has a been trading in the 66.50 - 86.20 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CORT did better than 97% of all other stocks. On top of that, CORT also shows a nice and consistent pattern of rising prices.
CORT is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 96% of 195 stocks in the same industry.
CORT has an average volume of 1461830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CORT is currently trading in the middle 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 slightly.
CORT has an average technical rating and also 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
58.82
79.48
We found 3 important support areas.
- A support zone ranging from 69.01 to 69.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.92 to 62.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.41 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 70.23 to 70.51. 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 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 | DOWN | NEGATIVE | The short term trend for CORT is down. |
| ChartMill Relative Strength | 97 | POSITIVE | CORT has a high relative strength, it outperformed 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CORT is below a declining 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) | 44.54 | NEUTRAL | The RSI value for CORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests CORT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.98 | NEUTRAL | The Stochastics value for CORT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CORT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.36 | POSITIVE | The high ADX value value for CORT suggests a strong 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)
70.06
-1.12 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.57%
1 Week0.66%
2 Weeks-9.67%
1 Month-4.5%
3 Month25.08%
6 Month26.46%
12 Month141.84%
2 Year214.88%
3 Year194.62%
5 Year316.53%
10 Year1065.72%
15 Year2145.51%
Volatility
ATR(14)3.72
ATR(20)%4.94%
ATR Inc-48.79%
Range Today1.57
ADR(20)3.45
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97
Mansfield2.65
10 Day High86.2
10 Day Low66.5
20 Day High86.2
20 Day Low66.5
52 Week High117.33
52 Week Low28.04
CS1 End69.77
CR1 Start70.23
Volume & EV
DER(3)-1.23%
DER(5)1.09%
Volume1.01M
Volume Incr-23.28%
Vol(5)1.08M
Vol(50)1.46M