CRINETICS PHARMACEUTICALS IN (CRNX)
US22663K1079 - Common Stock
Overall CRNX gets a technical rating of 8 out of 10. In the last year, CRNX was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CRNX did better than 95% of all other stocks.
CRNX is part of the Biotechnology industry. There are 588 other stocks in this industry. CRNX outperforms 88% of them.
CRNX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRNX is performing more or less in line with the market.
In the last month CRNX has a been trading in the 41.05 - 49.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRNX 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 43.42, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.10
48.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.11 to 43.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.74 from a trend line in the daily time frame.
- Support @16.26 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.54 to 48.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.88
Mansfield3.91
10 Day High45.99
10 Day Low41.05
20 Day High49.58
20 Day Low41.05
52 Week High49.58
52 Week Low15.76
Performance
1 Week3.99%
2 Weeks2.36%
1 Month-5.4%
3 Month21.49%
6 Month46.74%
12 Month101.57%
2 Year168.96%
3 Year156.7%
5 Year71.42%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)54.66
LBB42
UBB45.14
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 |
|---|---|---|---|
| 48.05 | 42.10 | 5.95 (12.38%) | 8.08% |
| An entry @48.05. This is a Buy Stop order right above the resistance zone. | An exit @42.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.95 points, which is 12.38%. | For a 1.00% total portfolio risk, you can invest 8.08% of your capital in this trade. |
- 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.
CRINETICS PHARMACEUTICALS IN
NASDAQ:CRNX (5/1/2024, 7:00:01 PM)
After market: 45.05 0 (0%)45.05
+1.23 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.81%
1 Week3.99%
2 Weeks2.36%
1 Month-5.4%
3 Month21.49%
6 Month46.74%
12 Month101.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.11
ATR(20)%4.92%
ATR Inc
Range Today2.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.99
10 Day Low41.05
20 Day High49.58
20 Day Low41.05
52 Week High49.58
52 Week Low15.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.10M
Volume Incr-16.19%
Vol(5)700.90K
Vol(50)841.37K