Amid market volatility, technical analysis can help investors pinpoint promising stock opportunities. Using TipRanks’ Technical Analysis Screener, we’ve identified three stocks—Corcept Therapeutics (CORT), Axis Capital (AXS), and Cipher Mining (CIFR)—that currently signal a Strong Buy. Each of these names demonstrates bullish momentum and potential short- to mid-term upside, supported by solid analyst ratings from Wall Street.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Notably, technical analysis studies a stock’s past price movements and trading volume to predict future trends. It uses tools like moving averages, RSI, and chart patterns to identify Buy or Sell signals. Within this context, TipRanks’ Technical Analysis tool simplifies this process by combining multiple indicators into one easy-to-understand dashboard for users. Let’s dive into the details.
Is Corcept Therapeutics a Good Investment?
Corcept Therapeutics is a U.S.-based pharmaceutical company focused on discovering, developing, and commercializing medications that modulate cortisol — the body’s “stress hormone.”
According to TipRanks’ technical analysis, Corcept is currently in an upward trend. It holds a Strong Buy rating based on overall technical consensus. CORT stock also holds a Strong Buy rating based on moving average consensus, supported by 12 bullish signals, indicating strong upward momentum.
Is Axis Capital Stock a Buy?
AXIS Capital is a global specialty insurer and reinsurer, headquartered in Pembroke, Bermuda.
According to TipRanks’ technical analysis, AXS stock holds a Strong Buy consensus on both overall technical consensus and moving average consensus. One key indicator, the Rate of Change (ROC), which tracks momentum by measuring the percentage change in price over a set period, currently stands at 2.52 for AXS stock. Since an ROC above zero suggests upward momentum, this signals a Buy for the stock.
Is Cipher a Good Stock to Buy?
Cipher Mining is a U.S.-based industrial‑scale data‑center operator that originally focused on bitcoin mining.
From a technical analysis perspective, Cipher is rated a Strong Buy on moving average and the overall consensus. Additionally, CIFR stock shows a positive ROC of 0.20, supporting a Buy signal and indicating strong upward momentum.