COGENT BIOSCIENCES INC (COGT) Stock Technical Analysis
NASDAQ:COGT - Nasdaq - US19240Q2012 - Common Stock
Overall COGT gets a technical rating of 4 out of 10. Although COGT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
COGT is part of the Biotechnology industry. There are 572 other stocks in this industry. COGT outperforms 84% of them.
In the last month COGT has a been trading in the 6.60 - 8.72 range, which is quite wide. It is currently trading near the high of this range.
COGT has an average volume of 1605540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that COGT is one of the better performing stocks in the market, outperforming 85% of all stocks. However, we also see that COGT couldn't keep up this performance in the last couple of months.
COGT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COGT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
COGT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.02, a Stop Loss order could be placed below this zone.
More info and screens
7.28
11.87
We found 4 important support areas.
- Support @8.21 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.89 to 8.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.73 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.35 to 7.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.26 from a horizontal line in the daily time frame.
- Resistance @11.75 from a trend 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
CRS85.61
Mansfield-1.27
10 Day High8.72
10 Day Low6.6
20 Day High8.72
20 Day Low6.6
52 Week High12.61
52 Week Low4.28
Performance
1 Week8.32%
2 Weeks4.06%
1 Month7.33%
3 Month-31.5%
6 Month-13.87%
12 Month87.43%
2 Year-45.55%
3 Year8.47%
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)0.11
RSI(14)49.78
LBB7.43
UBB8.41
COGENT BIOSCIENCES INC
NASDAQ:COGT (1/22/2025, 12:50:02 PM)
8.25
+0.05 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.61%
1 Week8.32%
2 Weeks4.06%
1 Month7.33%
3 Month-31.5%
6 Month-13.87%
12 Month87.43%
2 Year-45.55%
3 Year8.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%6.21%
ATR Inc-10.04%
Range Today0.21
ADR(20)0.48
ADR(20)%5.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.61
Mansfield-1.27
10 Day High8.72
10 Day Low6.6
20 Day High8.72
20 Day Low6.6
52 Week High12.61
52 Week Low4.28
CS1 End8.02
CR1 Start8.21
Volume & EV
DER(3)-0.27%
DER(5)0.12%
Volume425.56K
Volume Incr28.85%
Vol(5)1.88M
Vol(50)1.61M