CASI PHARMACEUTICALS INC (CASI) Technical Analysis
NASDAQ:CASI • KYG1933S1012
Current stock price
0.2075 USD
-0.59 (-74.06%)
At close:
0.28 USD
+0.07 (+34.94%)
After Hours:
CASI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CASI. CASI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CASI is a bad performer in the overall market: 100% of all stocks are doing better.
- CASI is one of the lesser performing stocks in the Biotechnology industry. 91% of 516 stocks in the same industry do better.
- CASI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month CASI has a been trading in the 0.21 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CASI Weekly and Daily overview Charts
CASI Setup Rating and Analysis
The technical rating of CASI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CASI Support and Resistance Analysis
CASI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CASI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CASI is down. |
| ChartMill Relative Strength | 0.76 | NEGATIVE | CASI has a low relative strength, it was outperformed by 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CASI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CASI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CASI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.41 | OVERSOLD | The low RSI value suggests CASI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CASI has a negative trend. |
| Stochastics (14,3) | 8.83 | OVERSOLD | The low Stochastics value suggests CASI may be oversold. |
| Average True Range in percent/ATR (20) | 53.21 | HIGH VOLATILITY | The high ATR as a percentage value for CASI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for CASI suggests a weak or negative trend. |
CASI Chart- and CandleStick Pattern Analysis
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)
CASI Technicals: Chart, Performance Metrics, Trend & Indicators
0.2075
-0.59 (-74.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-74.06%
1 Week-73.37%
2 Weeks-74.39%
1 Month-79.95%
3 Month-79.66%
6 Month-91.02%
12 Month-90.78%
2 Year-96.29%
3 Year-89.25%
5 Year-99.16%
10 Year-97.37%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%53.21%
ATR Inc272.22%
Range Today0.17
ADR(20)0.09
ADR(20)%41.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
3 months CRS0.87
6 months CRS0.83
Mansfield-8.8
10 Day High0.97
10 Day Low0.21
20 Day High1.05
20 Day Low0.21
52 Week High3.09
52 Week Low0.21
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)6.05%
DER(5)2.72%
Volume9.96M
Volume Incr7504.38%
Vol(5)2.01M
Vol(50)234.05K
CASI PHARMACEUTICALS INC / CASI TA FAQ
Can you provide the ChartMill technical rating for CASI PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to CASI.
What is the current trend direction of CASI PHARMACEUTICALS INC (CASI) stock?
The current trend direction for CASI PHARMACEUTICALS INC (CASI) is Bearish.
What is the RSI signal for CASI PHARMACEUTICALS INC (CASI) stock?
CASI PHARMACEUTICALS INC (CASI) has an RSI value of 18.4066. This indicates that the stock is currently oversold.
What is the short term momentum for CASI stock?
The short term momentum for CASI PHARMACEUTICALS INC (CASI) is negative.