NASDAQ:CPRX - Nasdaq - US14888U1016 - Common Stock - Currency: USD
Taking everything into account, CPRX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPRX is showing a nice and steady performance.
CPRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 23.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPRX in the last couple of days, which is a good sign.
19.18
We found 5 important support areas.
We found 1 important resistance area.
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 |
---|---|---|---|
24.85 | 23.27 | 1.58 (6.36%) | 15.73% |
An entry @24.85. This is a Buy Stop order right above the resistance zone. | An exit @23.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.58 points, which is 6.36%. | For a 1.00% total portfolio risk, you can invest 15.73% of your capital in this trade. |
24.68
+0.05 (+0.2%)