Calliditas Therapeutics AB (CALT) Stock Technical Analysis
NASDAQ:CALT - Nasdaq - US13124Q1067 - ADR - Currency: USD
Overall CALT gets a technical rating of 8 out of 10. 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.
Warning: CALT has an average volume of 8586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CALT did better than 95% of all other stocks.
CALT is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. CALT outperforms 92% of them.
CALT is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CALT is leading the market.
In the last month CALT has a been trading in the 39.04 - 43.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
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.
More info and screens
20.77
41.97
3 important support areas can be observed.
- A support zone ranging from 39.44 to 39.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.99 to 38.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.98 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.10 to 40.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.41 to 41.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:CALT (9/20/2024, 8:00:02 PM)
40.0001
-0.16 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.4%
1 Week0%
2 Weeks-0.69%
1 Month-1.33%
3 Month3.28%
6 Month88.23%
12 Month117.04%
2 Year163.75%
3 Year85.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%2.49%
ATR Inc79.75%
Range Today3
ADR(20)0.93
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.05
Mansfield3.48
10 Day High43
10 Day Low39.04
20 Day High43
20 Day Low39.04
52 Week High43
52 Week Low15.25
CS1 End39.5
CR1 Start40.1
Volume & EV
DER(3)1.25%
DER(5)1.94%
Volume9.70K
Volume Incr-65.08%
Vol(5)4.92K
Vol(50)8.59K