Logo image of CELG

CELGENE CORP (CELG) Stock Technical Analysis

NASDAQ:CELG - Nasdaq -

108.24  +0.11 (+0.1%)

After market: 109.4 +1.16 (+1.07%)

Technical Rating and Analysis

10

Overall CELG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CELG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CELG did better than 94% of all other stocks. We also observe that the gains produced by CELG over the past year are nicely spread over this period.
CELG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CELG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CELG has an average volume of 8642560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CELGENE CORP / CELG Weekly stock chart
CELGENE CORP / CELG Daily stock chart
Setup Rating and Analysis

3

Although CELG has an excellent technical rating, it 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.

Support and Resistance Analysis

93.11

111.51

4 important support areas can be observed.

  • A support zone ranging from 103.21 to 103.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @97.62 from a horizontal line in the daily time frame.
  • Support @95.64 from a trend line in the weekly time frame.
  • Support @94.05 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 109.42 to 110.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.89
Mansfield0.8
10 Day High110.7
10 Day Low107.27
20 Day High110.7
20 Day Low104.01
52 Week High110.7
52 Week Low58.59
Performance
1 Week-1.97%
2 Weeks0%
1 Month3.1%
3 Month15.16%
6 Month13.65%
12 Month62.4%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.36
RSI(14)60.87
LBB107.26
UBB110.81
CELGENE CORP / CELG Daily stock chart

CELGENE CORP

NASDAQ:CELG (11/20/2019, 8:00:00 PM)

After market: 109.4 +1.16 (+1.07%)

108.24

+0.11 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-1.97%
2 Weeks0%
1 Month3.1%
3 Month15.16%
6 Month13.65%
12 Month62.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%1.03%
ATR Inc43.66%
Range Today1.32
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.89
Mansfield0.8
10 Day High110.7
10 Day Low107.27
20 Day High110.7
20 Day Low104.01
52 Week High110.7
52 Week Low58.59
CS1 End103.73
CR1 Start109.42
Volume & EV
DER(3)-2.59%
DER(5)-1.18%
Volume191.23M
Volume Incr1088.94%
Vol(5)51.30M
Vol(50)8.64M