Catabasis Pharma (CATB) Stock Technical Analysis
NASDAQ:CATB -
8.54
-0.64 (-6.97%)
8.63
+0.09 (+1.05%)
Overall CATB gets a technical rating of 1 out of 10. CATB 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
100% of all other stocks performed better in the past year than CATB.
CATB is part of the Biotechnology industry. There are 549 other stocks in this industry, of which 88% are performing better than CATB.
CATB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CATB has a been trading in the 6.31 - 10.26 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.
CATB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
8.45
9.92
2 important resistance areas can be observed.
- Resistance @9.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.76 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CATB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CATB is neutral. |
| ChartMill Relative Strength | 0.96 | NEGATIVE | CATB has a low relative strength, it was outperformed by 99.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CATB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CATB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CATB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for CATB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CATB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.21 | NEUTRAL | The Stochastics value for CATB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.66 | HIGH VOLATILITY | The high ATR as a percentage value for CATB suggests high volalility. |
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)
8.54
-0.64 (-6.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.97%
1 Week-14.34%
2 Weeks-2.06%
1 Month3.89%
3 Month-31.24%
6 Month-57.76%
12 Month-78.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%8.66%
ATR Inc-8.19%
Range Today0.75
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.96
Mansfield-5.52
10 Day High10.26
10 Day Low8.46
20 Day High10.26
20 Day Low6.31
52 Week High47.82
52 Week Low6.31
CS1 EndN/A
CR1 Start9.54
Volume & EV
DER(3)-12.14%
DER(5)-10.82%
Volume98.80K
Volume Incr-85.41%
Vol(5)93.64K
Vol(50)586.45K