CASI PHARMACEUTICALS INC (CASI) Stock Technical Analysis
NASDAQ:CASI - KYG1933S1012 - Common Stock
2.34 USD
+0.06 (+2.63%)
Taking everything into account, CASI scores 6 out of 10 in our technical rating. CASI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
90% of all other stocks performed better in the past year than CASI.
CASI is one of the lesser performing stocks in the Biotechnology industry. 60% of 542 stocks in the same industry do better.
CASI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CASI has an average volume of 1534750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CASI has a been trading in the 1.46 - 3.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CASI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.39. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CASI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.17
2.50
We found 1 important support area.
- A support zone ranging from 2.19 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.39 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.48 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for CASI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CASI is up. |
| ChartMill Relative Strength | 10.57 | NEGATIVE | CASI has a low relative strength, it was outperformed by 89.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CASI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CASI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CASI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.24 | NEUTRAL | The RSI value for CASI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CASI has a negative trend. |
| Stochastics (14,3) | 43.93 | NEUTRAL | The Stochastics value for CASI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.65 | HIGH VOLATILITY | The high ATR as a percentage value for CASI suggests high volalility. |
| Average Directional Index/ADX (14) | 49.22 | POSITIVE | The high ADX value value for CASI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.44 | 2.18 | 0.26 (10.66%) | 9.38% |
| An entry @2.44. This is a Buy Stop order right above the resistance zone. | An exit @2.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 10.66%. | For a 1.00% total portfolio risk, you can invest 9.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CASI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CASI (9/5/2025, 8:01:20 PM)
2.34
+0.06 (+2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.63%
1 Week-4.1%
2 Weeks-5.26%
1 Month59.18%
3 Month25.68%
6 Month6.36%
12 Month-64%
2 Year-8.59%
3 Year-10%
5 Year-84.71%
10 Year-78.13%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%12.65%
ATR Inc-23.74%
Range Today0.17
ADR(20)0.3
ADR(20)%12.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.57
Mansfield-2.86
10 Day High2.59
10 Day Low2.14
20 Day High3.09
20 Day Low1.46
52 Week High7.67
52 Week Low1.09
CS1 End2.22
CR1 Start2.39
Volume & EV
DER(3)10.74%
DER(5)5.45%
Volume26.20K
Volume Incr-98.47%
Vol(5)57.00K
Vol(50)1.53M