CASI PHARMACEUTICALS INC (CASI) Stock Technical Analysis
NASDAQ:CASI - Nasdaq - KYG1933S1012 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CASI. CASI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CASI is a bad performer in the overall market: 89% of all stocks are doing better.
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.
Warning: CASI has an average volume of 9984 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CASI has a been trading in the 1.71 - 2.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CASI is an average performer in the Biotechnology industry, it outperforms 44% of 558 stocks in the same industry.
Although the technical rating is bad, CASI does present a nice setup opportunity. Prices have been consolidating lately. 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
1.85
1.99
We can see 2 important resistance areas.
- A resistance zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.94 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CASI is neutral. |
| ChartMill Relative Strength | 11.15 | NEGATIVE | CASI has a low relative strength, it was outperformed by 88.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CASI is below the rising 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) | 51.28 | NEUTRAL | The RSI value for CASI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CASI has a positive trend. |
| Stochastics (14,3) | 47.54 | NEUTRAL | The Stochastics value for CASI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for CASI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for CASI suggests a possible start of a new 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:CASI (6/5/2025, 12:18:43 PM)
1.87
-0.06 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.11%
1 Week2.66%
2 Weeks3.21%
1 Month7.22%
3 Month-12.27%
6 Month-46.83%
12 Month-44.38%
2 Year-22.8%
3 Year-32.52%
5 Year-92.28%
10 Year-89.22%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.69%
ATR Inc50%
Range Today0.04
ADR(20)0.1
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.15
Mansfield-5.41
10 Day High2
10 Day Low1.77
20 Day High2
20 Day Low1.71
52 Week High7.67
52 Week Low1.63
CS1 End1.89
CR1 Start1.94
Volume & EV
DER(3)14.96%
DER(5)7.67%
Volume700
Volume Incr28.21%
Vol(5)8.50K
Vol(50)9.98K