Taking everything into account, CRNX scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CRNX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CRNX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRNX is lagging the market slightly.
- CRNX has an average volume of 1273360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CRNX is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- CRNX is part of the Pharmaceuticals industry. There are 190 other stocks in this industry, CRNX did better than 67% of them.
- In the last month CRNX has a been trading in the 43.40 - 57.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CRNX has an excellent technical rating, the quality of the presented setup is not ideal 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
26.62
We found 4 important support areas.
- A support zone ranging from 51.31 to 51.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.54 to 48.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.14 from a horizontal line in the daily time frame.
- Support @26.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.00 to 56.44. 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 CRNX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRNX is neutral. |
| ChartMill Relative Strength | 83.13 | POSITIVE | CRNX has a high relative strength, it outperformed 83.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRNX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for CRNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CRNX has a negative trend. |
| Stochastics (14,3) | 39.85 | NEUTRAL | The Stochastics value for CRNX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for CRNX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for CRNX suggests a possible start of a new trend. |
51.32
-1.65 (-3.11%)
CRINETICS PHARMACEUTICALS IN / CRNX FAQ
What is the ChartMill technical rating of CRINETICS PHARMACEUTICALS IN (CRNX) stock?
ChartMill assigns a technical rating of 8 / 10 to CRNX.
Can you provide the trend direction for CRINETICS PHARMACEUTICALS IN?
The current trend direction for CRINETICS PHARMACEUTICALS IN (CRNX) is Bullish.
What is the RSI signal for CRNX stock?
CRINETICS PHARMACEUTICALS IN (CRNX) has an RSI value of 48.6939. This indicates that the stock is currently neutral.
What is the support and resistance level for CRNX stock?
CRINETICS PHARMACEUTICALS IN (CRNX) has a support level at 51.31 and a resistance level at 56. Check the full technical report for our detailed analysis of CRNX support and resistance levels.