CUMBERLAND PHARMACEUTICALS (CPIX) Stock Technical Analysis
NASDAQ:CPIX • US2307701092
Taking everything into account, CPIX scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month CPIX has a been trading in the 3.54 - 4.86 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CPIX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 72% of 191 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that CPIX is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- 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 an excellent technical rating and also presents 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 3.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPIX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.20
We found 4 important support areas.
- A support zone ranging from 3.84 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.74 to 3.77. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @3.58 from a horizontal line in the daily time frame.
- Support @2.22 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.93 to 3.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.76 from a trend line in the weekly time frame.
- Resistance @5.06 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for CPIX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPIX is neutral. |
| ChartMill Relative Strength | 87.59 | POSITIVE | CPIX has a high relative strength, it outperformed 87.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CPIX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CPIX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.01 | NEUTRAL | The RSI value for CPIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CPIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.71 | NEUTRAL | The Stochastics value for CPIX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.6 | HIGH VOLATILITY | The high ATR as a percentage value for CPIX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for CPIX suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 3.94 | 3.83 | 0.11 (2.79%) | 25.00% |
| An entry @3.94. This is a Buy Stop order right above the resistance zone. | An exit @3.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 2.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of CPIX. 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.
3.92
+0.07 (+1.82%)
CUMBERLAND PHARMACEUTICALS / CPIX FAQ
Can you provide the ChartMill technical rating for CUMBERLAND PHARMACEUTICALS?
ChartMill assigns a technical rating of 7 / 10 to CPIX.
Can you provide the trend direction for CUMBERLAND PHARMACEUTICALS?
The current trend direction for CUMBERLAND PHARMACEUTICALS (CPIX) is Bullish.
What is the RSI signal for CUMBERLAND PHARMACEUTICALS (CPIX) stock?
CUMBERLAND PHARMACEUTICALS (CPIX) has an RSI value of 50.0087. This indicates that the stock is currently neutral.
What is the short term momentum for CUMBERLAND PHARMACEUTICALS (CPIX) stock?
The short term momentum for CUMBERLAND PHARMACEUTICALS (CPIX) is neutral.