CORCEPT THERAPEUTICS INC.
23.00
USD
(+3.00%)
04/01/2025 - 09:28
Open 15 min delayed data - NASDAQ Stocks
| Open: | 22.34 |
| Change: | +0.67 |
| Volume: | 299 |
| Low: | 22.34 |
| High: | 23.05 |
| High / Low range: | 0.71 |
| Type: | Stocks |
| Ticker: | CORT |
| ISIN: |
CORCEPT THERAPEUTICS INC. - Daily - Technical analysis published on 12/20/2019 (GMT)
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- 12/20/2019 - 14:43
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- Timeframe : Daily
- - Analysis generated on 12/20/2019 - 14:42
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 13.80 USD
My targets
12.08 USD (-4.43%)
10.98 USD (-13.13%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CORCEPT THERAPEUTICS INC. as long as the price remains well below 13.80 USD. The sellers” bearish objective is set at 12.08 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.98 USD. In case of crossing, the next objective would be the support located at 10.37 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CORCEPT THERAPEUTICS INC. rating 12.64 USD. The price registered an increase of +0.08% on the session and was between 12.54 USD and 12.89 USD. This implies that the price is at +0.80% from its lowest and at -1.94% from its highest.12.54
12.89
12.64
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CORCEPT THERAPEUTICS INC.:
Technical
Technical analysis of this Daily chart of CORCEPT THERAPEUTICS INC. indicates that the overall trend is bearish. 75% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.77 | 10.37 | 10.98 | 12.64 | 12.77 | 13.80 | 14.59 |
| Change (%) | -22.71% | -17.96% | -13.13% | - | +1.03% | +9.18% | +15.43% |
| Change | -2.87 | -2.27 | -1.66 | - | +0.13 | +1.16 | +1.95 |
| Level | Major | Intermediate | Major | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.62 | 11.97 | 12.30 | 12.65 | 12.98 | 13.33 | 13.66 |
| Camarilla | 12.44 | 12.51 | 12.57 | 12.63 | 12.69 | 12.76 | 12.82 |
| Woodie | 11.61 | 11.97 | 12.29 | 12.65 | 12.97 | 13.33 | 13.65 |
| Fibonacci | 11.97 | 12.23 | 12.39 | 12.65 | 12.91 | 13.07 | 13.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.33 | 12.08 | 12.48 | 13.23 | 13.63 | 14.38 | 14.78 |
| Camarilla | 12.56 | 12.67 | 12.78 | 12.88 | 12.99 | 13.09 | 13.20 |
| Woodie | 11.16 | 11.99 | 12.31 | 13.14 | 13.46 | 14.29 | 14.61 |
| Fibonacci | 12.08 | 12.52 | 12.79 | 13.23 | 13.67 | 13.94 | 14.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.86 | 7.52 | 10.17 | 13.83 | 16.48 | 20.14 | 22.79 |
| Camarilla | 11.10 | 11.67 | 12.25 | 12.83 | 13.41 | 13.99 | 14.57 |
| Woodie | 3.37 | 7.27 | 9.68 | 13.58 | 15.99 | 19.89 | 22.30 |
| Fibonacci | 7.52 | 9.93 | 11.42 | 13.83 | 16.24 | 17.73 | 20.14 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.02 | |
| MACD (12,26,9): | -0.4200 | |
| Directional Movement: | -15.18 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 12.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.47 | |
| Elder Ray (13): | -0.42 | |
| Super Trend (3,10): | 14.54 | |
| Zig ZAG (10): | 12.64 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 18.79 | |
| TEMA (21): | 12.57 | |
| Williams %R (14): | -80.72 | |
| Chande Momentum Oscillator (20): | -0.96 | |
| Repulse (5,40,3): | -4.7300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 4.32 |
| MA7: | 12.96 | |
| MA20: | 13.13 | |
| MA50: | 14.12 | |
| MA100: | 13.62 | |
| MAexp7: | 12.90 | |
| MAexp20: | 13.36 | |
| MAexp50: | 13.71 | |
| MAexp100: | 13.46 | |
| Price / MA7: | -2.47% | |
| Price / MA20: | -3.73% | |
| Price / MA50: | -10.48% | |
| Price / MA100: | -7.20% | |
| Price / MAexp7: | -2.02% | |
| Price / MAexp20: | -5.39% | |
| Price / MAexp50: | -7.80% | |
| Price / MAexp100: | -6.09% |
News
Don"t forget to follow the news on CORCEPT THERAPEUTICS INC.. At the time of publication of this analysis, the latest news was as follows:
- 11/07/2019 - 21:05 Corcept Therapeutics Announces Third quarter 2019 Financial Results and provides corporate update
- 10/31/2019 - 20:05 Corcept Therapeutics to Announce Third Quarter Financial Results, Provide Corporate Update and Host Conference Call
- 09/18/2019 - 12:30 Corcept Therapeutics Appoints Kimberly Park to Board of Directors
- 08/28/2019 - 20:05 Corcept Therapeutics Announces Allowance of Additional Patent Covering the Use of Korlym to Treat Patients With Cushing’s Syndrome
- 08/01/2019 - 20:05 Corcept Therapeutics Announces Second Quarter 2019 Financial Results and Provides Corporate Update
This member declared not having a position on this financial instrument or a related financial instrument.
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