NASDAQ:CPRX - Nasdaq - US14888U1016 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CPRX. 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.
Besides having an excellent technical rating, CPRX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPRX in the last couple of days, which is a good sign.
18.88
3 important support areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
24.28 | 21.64 | 2.64 (10.87%) | 9.20% |
An entry @24.28. This is a Buy Stop order right above the 10 day high. | An exit @21.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.64 points, which is 10.87%. | When investing 9.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
22.52
+0.33 (+1.49%)