CONCERT PHARMACEUTICALS INC (CNCE) Stock Technical Analysis
NASDAQ:CNCE - Nasdaq - US2060221056 - Common Stock - Currency: USD
Taking everything into account, CNCE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNCE 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, CNCE did better than 99% of all other stocks. We also observe that the gains produced by CNCE over the past year are nicely spread over this period.
CNCE is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 572 stocks in the same industry.
CNCE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CNCE has an average volume of 2549460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CNCE has a been trading in a tight range between 8.31 and 8.55.
Volume is considerably higher in the last couple of days.
CNCE has an excellent technical rating, but the quality of the setup is only medium 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
3.16
8.49
We found 4 important support areas.
- A support zone ranging from 8.32 to 8.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.97 from a trend line in the weekly time frame.
- A support zone ranging from 4.43 to 4.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.19 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.38 to 8.41. 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
CRS99.23
Mansfield4.93
10 Day High8.55
10 Day Low8.34
20 Day High8.55
20 Day Low8.31
52 Week High8.55
52 Week Low2.66
Performance
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.36%
3 Month72.22%
6 Month20.43%
12 Month190.63%
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)-0.08
RSI(14)66.67
LBB8.33
UBB8.42
8.37
+0.01 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.12%
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.36%
3 Month72.22%
6 Month20.43%
12 Month190.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.65%
ATR Inc169.57%
Range Today0.2
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
CRS99.23
Mansfield4.93
10 Day High8.55
10 Day Low8.34
20 Day High8.55
20 Day Low8.31
52 Week High8.55
52 Week Low2.66
CS1 End8.37
CR1 Start8.38
Volume & EV
DER(3)-3.26%
DER(5)-2.89%
Volume10.73M
Volume Incr217.37%
Vol(5)4.05M
Vol(50)2.55M