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Is CGTX heading for a slide? New Downtrend shows up after plummeting 29.03%

Cognition Therapeutics, Inc. (CGTX) — SwingTradeBot Technical Analysis Report · Sep 15, 2025, 17:34 ET
CGTX finished lower by 29.03% on Monday, September 15th, trading 1.0 times its typical volume. Multiple bearish signals emerged — Wide Range Bar, New Downtrend, Stochastic Reached Oversold & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 1.23, 0.91 & 0.4, with resistance at 2.06, 2.57 & 2.89. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of CGTX: D

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Cognition Therapeutics, Inc. (CGTX)