CG ONCOLOGY INC (CGON) Stock Technical Analysis
NASDAQ:CGON - Nasdaq - US1569441009 - Common Stock - Currency: USD
Overall CGON gets a technical rating of 0 out of 10. CGON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CGON is a bad performer in the overall market: 89% of all stocks are doing better.
CGON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CGON is part of the Biotechnology industry. There are 571 other stocks in this industry, CGON did better than 46% of them.
In the last month CGON has a been trading in the 26.73 - 31.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CGON does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
27.10
31.32
2 important support areas can be observed.
- Support @27.84 from a horizontal line in the weekly time frame.
- A support zone ranging from 27.37 to 27.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.07 to 28.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.35 to 31.01. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS11.19
Mansfield-2.52
10 Day High30.15
10 Day Low26.73
20 Day High31.16
20 Day Low26.73
52 Week High47.78
52 Week Low25.77
Performance
1 Week-2.28%
2 Weeks-7.26%
1 Month-9.43%
3 Month-16.79%
6 Month-24.77%
12 Month-36.14%
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)-0.1
RSI(14)41.49
LBB26.7
UBB30.49
27.85
-0.37 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.31%
1 Week-2.28%
2 Weeks-7.26%
1 Month-9.43%
3 Month-16.79%
6 Month-24.77%
12 Month-36.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%4.08%
ATR Inc26.21%
Range Today1.23
ADR(20)1.13
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.19
Mansfield-2.52
10 Day High30.15
10 Day Low26.73
20 Day High31.16
20 Day Low26.73
52 Week High47.78
52 Week Low25.77
CS1 End27.84
CR1 Start28.07
Volume & EV
DER(3)-3.19%
DER(5)-2.25%
Volume370.30K
Volume Incr-24.78%
Vol(5)380.04K
Vol(50)703.55K