CUMBERLAND PHARMACEUTICALS (CPIX) Stock Technical Analysis
USA - NASDAQ:CPIX - US2307701092 - Common Stock
3.15 USD
-0.16 (-4.83%)
3.43 USD
+0.28 (+8.89%)
Overall CPIX gets a technical rating of 4 out of 10. Although CPIX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month CPIX has a been trading in the 3.15 - 3.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, CPIX did better than 93% of all other stocks. We also observe that the gains produced by CPIX over the past year are nicely spread over this period.
CPIX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 87% of 196 stocks in the same industry.
CPIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPIX is lagging the market.
Considerably lower volume is observed in the last couple of days.
CPIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
2.76
5.24
2 important support areas can be observed.
- Support @3.09 from a trend line in the daily time frame.
- A support zone ranging from 2.79 to 2.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @3.25 from a trend line in the daily time frame.
- A resistance zone ranging from 3.34 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.19 from a trend 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 | DOWN | NEGATIVE | The long term trend for CPIX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPIX is neutral. |
| ChartMill Relative Strength | 93.16 | POSITIVE | CPIX has a high relative strength, it outperformed 93.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CPIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.52 | NEUTRAL | The RSI value for CPIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CPIX has a negative trend. |
| Stochastics (14,3) | 8.29 | OVERSOLD | The low Stochastics value suggests CPIX may be oversold. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for CPIX suggests high volalility. |
| Average Directional Index/ADX (14) | 9.33 | NEGATIVE | The low ADX value for CPIX 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)
3.15
-0.16 (-4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.83%
1 Week-8.43%
2 Weeks-4.83%
1 Month-2.78%
3 Month-27.59%
6 Month-31.37%
12 Month158.2%
2 Year66.67%
3 Year30.71%
5 Year-1.87%
10 Year-45.41%
15 Year-45.78%
Volatility
ATR(14)0.21
ATR(20)%6.17%
ATR Inc1.08%
Range Today0.29
ADR(20)0.19
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.16
Mansfield-1.54
10 Day High3.57
10 Day Low3.15
20 Day High3.69
20 Day Low3.15
52 Week High7.25
52 Week Low1.04
CS1 End3.09
CR1 Start3.25
Volume & EV
DER(3)-5.84%
DER(5)1.5%
Volume37.15K
Volume Incr-32.9%
Vol(5)23.61K
Vol(50)60.60K