Why is COGT Down Today?

COGT
$33.30
▼ -2.30% ($-0.77)
Last updated: Sep 11, 2026 8:36 PM ET (979 min ago)

About Cogent Biosciences, Inc. Common Stock

Cogent Biosciences Inc a biotechnology company focused on developing precision therapies for genetically defined diseases. It designs rational precision therapies that treat the underlying cause of disease and improve the lives of patients. Its program CGT9486, is a selective tyrosine kinase inhibit...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $1.97B
Forward P/E: -19.3
52-Week Range: $11.60 - $43.73
Employees: 205

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 COGT showing strong bearish momentum
COGT is down 2.3% today on 0.7x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: -0.5%

COGT is outperforming its sector by -1.8%. This suggests a stock-specific catalyst.

Market Comparison

COGT is significantly underperforming the market (-3.1% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
COGT
This Stock
-2.30%
vs S&P 500: -3.15%
vs Nasdaq: -3.17%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, COGT is expected to trade between:
$32.30 - $33.96

Key Level to Watch

$31.63 support
Watch for breakdown below $33.30

🔔 Get COGT Alerts

We'll notify you when COGT's trend changes or a new signal fires.

Last updated: Sep 11, 2026 8:36 PM (979 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.24
Put/Call Ratio
97.4%
Implied Volatility
Call Volume: 5,293
Put Volume: 1,255
Total: 6,548

Historical Context

COGT has moved more than 3.0% down on 33 occasions in the past year.

48.5%
Continuation Rate
16/33 times continued down
+0.89%
Avg Next Day Change
After similar down moves
Last similar move: Sep 09, 2026 (-3.1%) → Next day: -0.3%

Frequently Asked Questions

Why is COGT stock down today?

COGT is down 2.3% today on 0.7x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is COGT stock a buy or sell right now?

Based on current analysis, COGT shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the COGT stock price target?

COGT is currently trading at $33.30. Based on today's momentum, the expected short-term range is $32.30 - $33.96. See long-term price prediction →

Will COGT stock continue falling?

Our analysis shows a 45% probability that COGT's move continues in the next 1-3 days. Key level to watch: $31.63 (support).

Is COGT stock oversold or overbought?

COGT's RSI (Relative Strength Index) is currently at 34.7. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for COGT stock?

COGT's 10-day momentum indicator is at -3.68. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is COGT outperforming or underperforming the market?

COGT (-2.30%) is currently significantly underperforming the market (-3.1% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for COGT?

COGT's MACD (-1.17) is currently below the signal line (-0.99), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 26.1) is strong.

Is COGT in an uptrend or downtrend?

Based on moving average analysis, COGT is in a bearish trend. The price ($33.30) is trading below both the 20-day SMA ($35.73) and 50-day SMA ($38.15). This alignment typically indicates sustained downward pressure.

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