COGNITION THERAPEUTICS INC (CGTX) Stock Technical Analysis
NASDAQ:CGTX - Nasdaq - US19243B1026 - Common Stock
We assign a technical rating of 5 out of 10 to CGTX. In the past year, CGTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CGTX is a bad performer in the overall market: 87% of all stocks are doing better.
CGTX 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.
CGTX has an average volume of 9087280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CGTX is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, CGTX did better than 44% of them.
In the last month CGTX has a been trading in the 0.57 - 0.90 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.
CGTX has an average technical rating and the quality of the presented setup is also 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
0.40
0.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.84 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.68
Mansfield-4.91
10 Day High0.9
10 Day Low0.66
20 Day High0.9
20 Day Low0.57
52 Week High2.95
52 Week Low0.34
Performance
1 Week-0.01%
2 Weeks-1.99%
1 Month27.59%
3 Month31%
6 Month-68.78%
12 Month-69.17%
2 Year-62.44%
3 Year-83.18%
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)-0.01
RSI(14)57.56
LBB0.65
UBB0.84
COGNITION THERAPEUTICS INC
NASDAQ:CGTX (1/21/2025, 8:00:00 PM)
Premarket: 0.7664 +0.03 (+3.57%)0.74
+0.06 (+8.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.54%
1 Week-0.01%
2 Weeks-1.99%
1 Month27.59%
3 Month31%
6 Month-68.78%
12 Month-69.17%
2 Year-62.44%
3 Year-83.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%11.83%
ATR Inc-42.76%
Range Today0.06
ADR(20)0.09
ADR(20)%11.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.68
Mansfield-4.91
10 Day High0.9
10 Day Low0.66
20 Day High0.9
20 Day Low0.57
52 Week High2.95
52 Week Low0.34
CS1 End0.68
CR1 Start0.84
Volume & EV
DER(3)4.56%
DER(5)-3.11%
Volume558.10K
Volume Incr-96.65%
Vol(5)635.08K
Vol(50)9.09M