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Crossed Above 50 Day Moving Average appears for CGEN after 2.49% move
On Thursday, July 9th, CGEN moved up 2.49% while volume was to 0.9× the usual levels. Mixed technical signals appeared with Crossed Above 50 DMA and MACD Bullish Centerline Cross and Pocket Pivot suggesting upside potential, while Shooting Star Candlestick and Stochastic Sell Signal indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 2.42, 2.37 & 2.3, with resistance at 2.54, 2.61 & 2.66. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CGEN: B
There’s more where that came from. See all of today’s signals for CGEN here.
Read full article here »