Technical Analysis for CORT - Corcept Therapeutics Incorporated

Grade Last Price % Change Price Change
D 24.52 -2.15% -0.54
CORT closed down 2.15 percent on Friday, May 3, 2024, on 1.64 times normal volume. It was able to find support at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Support Bullish -2.15%
Wide Range Bar Range Expansion -2.15%
Earnings Movers Other -2.15%
Gapped Up Strength -2.15%
Upper Bollinger Band Touch Strength -2.15%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 9 hours ago
20 DMA Support about 10 hours ago
10 DMA Support about 10 hours ago
1.5x Volume Pace about 10 hours ago
Down 5% about 10 hours ago

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Profile

Corcept Therapeutics Incorporated Description

Corcept Therapeutics Incorporated, a pharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of severe metabolic and psychiatric disorders in the United States. The company focuses on disorders that are associated with a steroid hormone called cortisol. It offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also involved in an on-going Phase III study of mifepristone, the active ingredient in Korlym, for treatment of the psychotic features of psychotic depression. In addition, it discovers and develops three series of novel selective GR-II antagonists. The company has research and development agreements with Argenta Discovery Limited; Sygnature Discovery Limited; ICON Clinical Research, L.P.; and MedAvante, Inc. as well as has a patent license from Stanford University for developing mifepristone. Corcept Therapeutics Incorporated was founded in 1998 and is headquartered in Menlo Park, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Pharmaceutical Organ Systems Diabetes Surgery Disorders Clinical Research Glucose Endocrine System Depression Hormones Diabetes Mellitus Psychiatric Disorders Hyperglycemia Antiprogestogens Cushing's Syndrome

Is CORT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.275
52 Week Low 20.84
Average Volume 1,036,717
200-Day Moving Average 26.60
50-Day Moving Average 23.91
20-Day Moving Average 23.45
10-Day Moving Average 23.29
Average True Range 1.25
RSI (14) 55.95
ADX 15.05
+DI 23.42
-DI 20.42
Chandelier Exit (Long, 3 ATRs) 22.64
Chandelier Exit (Short, 3 ATRs) 24.59
Upper Bollinger Bands 25.15
Lower Bollinger Band 21.75
Percent B (%b) 0.82
BandWidth 14.50
MACD Line -0.03
MACD Signal Line -0.24
MACD Histogram 0.2138
Fundamentals Value
Market Cap 2.53 Billion
Num Shares 103 Million
EPS 0.80
Price-to-Earnings (P/E) Ratio 30.65
Price-to-Sales 5.27
Price-to-Book 5.14
PEG Ratio 0.61
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.69
Resistance 3 (R3) 27.57 26.39 27.16
Resistance 2 (R2) 26.39 25.59 26.45 26.98
Resistance 1 (R1) 25.46 25.09 24.87 25.58 26.81
Pivot Point 24.28 24.28 23.99 24.34 24.28
Support 1 (S1) 23.35 23.48 22.76 23.47 22.23
Support 2 (S2) 22.17 22.98 22.23 22.06
Support 3 (S3) 21.24 22.17 21.88
Support 4 (S4) 21.36