Catabasis Pharma (CATB) Stock Technical Analysis
NASDAQ:CATB - Nasdaq -
We assign a technical rating of 1 out of 10 to CATB. 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 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.
100% of all other stocks performed better in the past year than CATB.
CATB is part of the Biotechnology industry. There are 562 other stocks in this industry, of which 89% are performing better than CATB.
CATB 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 CATB is lagging the market.
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.
Although the technical rating is bad, CATB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
8.45
9.92
When analyzing the resistance we notice 2 important areas.
- 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.
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
Performance
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
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)0.12
RSI(14)43.29
LBB7.5
UBB10.54
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