Taking everything into account, CGEM 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.
Although CGEM 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.
More info and screens
8.65
We found 2 important support areas.
- Support @9.58 from a horizontal line in the daily time frame.
- Support @8.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.98 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.20 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 CGEM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGEM is down. |
| ChartMill Relative Strength | 86.47 | POSITIVE | CGEM has a high relative strength, it outperformed 86.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CGEM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.66 | NEUTRAL | The RSI value for CGEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests CGEM has a negative trend. |
| Stochastics (14,3) | 7.97 | OVERSOLD | The low Stochastics value suggests CGEM may be oversold. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for CGEM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.56 | POSITIVE | The high ADX value value for CGEM suggests a strong trend. |
9.98
+0.39 (+4.07%)
CULLINAN THERAPEUTICS INC / CGEM FAQ
What is the technical rating for CGEM stock?
ChartMill assigns a technical rating of 7 / 10 to CGEM.
Can you provide the trend direction for CULLINAN THERAPEUTICS INC?
The current trend direction for CULLINAN THERAPEUTICS INC (CGEM) is Bullish.
Can you provide the RSI signal for CULLINAN THERAPEUTICS INC?
CULLINAN THERAPEUTICS INC (CGEM) has an RSI value of 47.6647. This indicates that the stock is currently neutral.
What is the MACD signal for CGEM stock?
The MACD indicator for CULLINAN THERAPEUTICS INC (CGEM) has a value of -0.30761, indicating a bearish trend.
Can you provide the support and resistance levels for CULLINAN THERAPEUTICS INC?
CULLINAN THERAPEUTICS INC (CGEM) has a support level at 9.58 and a resistance level at 9.98. Check the full technical report for our detailed analysis of CGEM support and resistance levels.