CASI PHARMACEUTICALS INC (CASI)

KYG1933S1012 - Common Stock

2.14  -0.1 (-4.46%)

After market: 2.6 +0.46 (+21.5%)

Technical Rating and Analysis

0

Overall CASI gets a technical rating of 0 out of 10. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CASI is a bad performer in the overall market: 93% of all stocks are doing better.
CASI is part of the Biotechnology industry. There are 588 other stocks in this industry, of which 72% are performing better than CASI.
CASI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CASI is lagging the market.
In the last month CASI has a been trading in the 2.05 - 3.72 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CASI Weekly chart
CASI Daily chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

2.12

3.90

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.86 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.63
Mansfield-4.52
10 Day High3.45
10 Day Low2.05
20 Day High3.72
20 Day Low2.05
52 Week High8.48
52 Week Low1.85
Performance
1 Week-24.32%
2 Weeks-31.5%
1 Month-27.27%
3 Month-53.04%
6 Month-28.66%
12 Month-25.58%
2 Year-47.91%
3 Year-87.49%
5 Year-93.13%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)22.82
LBB2.1
UBB3.91
CASI Daily chart

CASI PHARMACEUTICALS INC

NASDAQ:CASI (4/18/2024, 2:50:01 PM)

After market: 2.6 +0.46 (+21.5%)

2.14

-0.1 (-4.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.46%
1 Week-24.32%
2 Weeks-31.5%
1 Month-27.27%
3 Month-53.04%
6 Month-28.66%
12 Month-25.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%11.34%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.45
10 Day Low2.05
20 Day High3.72
20 Day Low2.05
52 Week High8.48
52 Week Low1.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume89.15K
Volume Incr-44.58%
Vol(5)40.88K
Vol(50)243.98K