Technical Analysis for CORT - Corcept Therapeutics Incorporated

Grade Last Price % Change Price Change
B 32.67 0.55% 0.18
CORT closed up 0.55 percent on Monday, July 1, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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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
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 3 Days in a Row Strength 0.55%
20 DMA Support Bullish 1.90%
Crossed Above 20 DMA Bullish 3.39%
180 Bullish Setup Bullish Swing Setup 3.39%
Multiple of Ten Bullish Other 3.39%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 9 hours ago
Up 3% about 9 hours ago
Up 2% about 9 hours ago
Up 1% about 9 hours ago
Rose Above Previous Day's High 3 days 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 35.22
52 Week Low 20.84
Average Volume 1,271,619
200-Day Moving Average 26.58
50-Day Moving Average 28.37
20-Day Moving Average 31.51
10-Day Moving Average 30.60
Average True Range 1.48
RSI (14) 61.39
ADX 22.3
+DI 33.57
-DI 21.21
Chandelier Exit (Long, 3 ATRs) 30.79
Chandelier Exit (Short, 3 ATRs) 32.47
Upper Bollinger Bands 35.07
Lower Bollinger Band 27.95
Percent B (%b) 0.66
BandWidth 22.57
MACD Line 0.77
MACD Signal Line 0.76
MACD Histogram 0.0141
Fundamentals Value
Market Cap 3.37 Billion
Num Shares 103 Million
EPS 0.80
Price-to-Earnings (P/E) Ratio 40.84
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) 34.53
Resistance 3 (R3) 34.66 34.18 34.22
Resistance 2 (R2) 34.18 33.70 34.11 34.12
Resistance 1 (R1) 33.42 33.41 33.80 33.29 34.01
Pivot Point 32.94 32.94 33.13 32.87 32.94
Support 1 (S1) 32.18 32.46 32.56 32.05 31.33
Support 2 (S2) 31.70 32.17 31.63 31.22
Support 3 (S3) 30.94 31.70 31.12
Support 4 (S4) 30.81