CUMBERLAND PHARMACEUTICALS (CPIX) Stock Technical Analysis
NASDAQ:CPIX - Nasdaq - US2307701092 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CPIX. 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.
In the last month CPIX has a been trading in the 2.51 - 6.26 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CPIX is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, CPIX also shows a nice and consistent pattern of rising prices.
CPIX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 87% of 195 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Volume is considerably higher in the last couple of days.
CPIX 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
2.57
5.74
When analyzing the support we notice one important area.
- Support @2.60 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.50 to 3.50. 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 5.65 to 5.68. 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 | NEUTRAL | NEUTRAL | The long term trend for CPIX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPIX is down. |
| ChartMill Relative Strength | 92.72 | POSITIVE | CPIX has a high relative strength, it outperformed 92.72% 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 | POSITIVE | The current price of CPIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.33 | NEUTRAL | The RSI value for CPIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CPIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.43 | NEUTRAL | The Stochastics value for CPIX is a neutral value. |
| Average True Range in percent/ATR (20) | 15.55 | HIGH VOLATILITY | The high ATR as a percentage value for CPIX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.74 | POSITIVE | The high ADX value value for CPIX 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)
3.41
-0.08 (-2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.29%
1 Week33.73%
2 Weeks-36.85%
1 Month-41%
3 Month-19.39%
6 Month48.26%
12 Month132.77%
2 Year124.34%
3 Year50.22%
5 Year2.4%
10 Year-45.26%
15 Year-45.44%
Volatility
ATR(14)0.59
ATR(20)%15.55%
ATR Inc-33.59%
Range Today0.34
ADR(20)0.53
ADR(20)%15.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.72
Mansfield0.87
10 Day High5.68
10 Day Low2.51
20 Day High6.27
20 Day Low2.51
52 Week High7.25
52 Week Low1.04
CS1 EndN/A
CR1 Start5.84
Volume & EV
DER(3)7.69%
DER(5)8.47%
Volume127.80K
Volume Incr143.75%
Vol(5)178.86K
Vol(50)62.94K