Technical Analysis for CORT - Corcept Therapeutics Incorporated

Grade Last Price % Change Price Change
A 35.60 2.09% 0.73
CORT closed up 2.09 percent on Friday, July 26, 2024, on 87 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Jul 31
*** 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 Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 2.09%
New 52 Week Closing High Bullish 2.09%
Pocket Pivot Bullish Swing Setup 2.09%
Cup with Handle Other 2.09%
New 52 Week High Strength 2.09%
Upper Bollinger Band Walk Strength 2.09%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 13 hours ago
Rose Above Previous Day's High about 14 hours ago
New 52 Week High about 14 hours ago
Up 3% about 14 hours ago
Up 2% about 14 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 35.95
52 Week Low 20.84
Average Volume 1,032,542
200-Day Moving Average 26.78
50-Day Moving Average 31.30
20-Day Moving Average 32.51
10-Day Moving Average 34.02
Average True Range 1.17
RSI (14) 71.91
ADX 24.65
+DI 33.40
-DI 13.36
Chandelier Exit (Long, 3 ATRs) 32.43
Chandelier Exit (Short, 3 ATRs) 32.94
Upper Bollinger Bands 36.09
Lower Bollinger Band 28.92
Percent B (%b) 0.93
BandWidth 22.05
MACD Line 1.22
MACD Signal Line 0.93
MACD Histogram 0.2909
Fundamentals Value
Market Cap 3.67 Billion
Num Shares 103 Million
EPS 0.80
Price-to-Earnings (P/E) Ratio 44.50
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) 37.18
Resistance 3 (R3) 37.12 36.53 36.91
Resistance 2 (R2) 36.53 36.13 36.56 36.82
Resistance 1 (R1) 36.07 35.88 36.30 36.13 36.74
Pivot Point 35.48 35.48 35.60 35.51 35.48
Support 1 (S1) 35.02 35.08 35.25 35.08 34.46
Support 2 (S2) 34.43 34.83 34.46 34.38
Support 3 (S3) 33.97 34.43 34.29
Support 4 (S4) 34.03