Technical Analysis for CORT - Corcept Therapeutics Incorporated

Grade Last Price % Change Price Change
F 22.95 1.28% 0.29
CORT closed up 1.28 percent on Friday, April 19, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 1.28%
Lower Bollinger Band Touch Weakness 1.28%
Oversold Stochastic Weakness 1.28%
Lower Bollinger Band Walk Weakness -0.22%
Lower Bollinger Band Touch Weakness -0.22%
Oversold Stochastic Weakness -0.22%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 3 hours ago
60 Minute Opening Range Breakout about 7 hours ago
Fell Below Previous Day's Low about 7 hours ago
Up 1% about 7 hours ago
Lower Bollinger Band Support about 7 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 20.8693
Average Volume 987,480
200-Day Moving Average 26.57
50-Day Moving Average 23.88
20-Day Moving Average 24.37
10-Day Moving Average 23.60
Average True Range 0.91
RSI (14) 41.52
ADX 17.03
+DI 12.41
-DI 19.62
Chandelier Exit (Long, 3 ATRs) 23.37
Chandelier Exit (Short, 3 ATRs) 25.29
Upper Bollinger Bands 26.33
Lower Bollinger Band 22.40
Percent B (%b) 0.14
BandWidth 16.13
MACD Line -0.33
MACD Signal Line -0.06
MACD Histogram -0.2665
Fundamentals Value
Market Cap 2.37 Billion
Num Shares 103 Million
EPS 0.80
Price-to-Earnings (P/E) Ratio 28.69
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) 23.66
Resistance 3 (R3) 23.60 23.32 23.54
Resistance 2 (R2) 23.32 23.14 23.34 23.50
Resistance 1 (R1) 23.13 23.03 23.23 23.19 23.46
Pivot Point 22.85 22.85 22.89 22.87 22.85
Support 1 (S1) 22.66 22.67 22.76 22.72 22.44
Support 2 (S2) 22.38 22.56 22.40 22.40
Support 3 (S3) 22.19 22.38 22.36
Support 4 (S4) 22.25