Taking everything into account, CALT scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CALT has proven to be a steady performer, scoring decent points in every aspect analyzed.
CALT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.50, a Stop Loss order could be placed below this zone.
20.77
We found 3 important support areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CALT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CALT is up. |
| ChartMill Relative Strength | 95.05 | POSITIVE | CALT has a high relative strength, it outperformed 95.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CALT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CALT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CALT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.49 | NEUTRAL | The RSI value for CALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CALT has a negative trend. |
| Stochastics (14,3) | 31.07 | NEUTRAL | The Stochastics value for CALT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CALT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.02 | NEGATIVE | The low ADX value for CALT suggests a weak or negative trend. |
NASDAQ:CALT (9/20/2024, 8:00:02 PM)
40.0001
-0.16 (-0.4%)
ChartMill assigns a technical rating of 8 / 10 to CALT.
The current trend direction for Calliditas Therapeutics AB (CALT) is Bullish.
Calliditas Therapeutics AB (CALT) has an RSI value of 50.4942. This indicates that the stock is currently neutral.
The MACD indicator for Calliditas Therapeutics AB (CALT) has a value of -0.104004, indicating a bearish trend.
The short term momentum for Calliditas Therapeutics AB (CALT) is positive.