We assign a technical rating of 1 out of 10 to CATX. CATX'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.
Although the technical rating is bad, CATX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.82, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.72 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.15 from a trend line in the weekly time frame.
- Support @2.10 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.89 to 2.89. This zone is formed by a combination of multiple trend lines 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 CATX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CATX is neutral. |
| ChartMill Relative Strength | 10.2 | NEGATIVE | CATX has a low relative strength, it was outperformed by 89.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CATX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CATX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CATX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.56 | NEUTRAL | The RSI value for CATX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CATX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.05 | NEUTRAL | The Stochastics value for CATX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.86 | HIGH VOLATILITY | The high ATR as a percentage value for CATX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for CATX suggests a possible start of a new trend. |
2.84
+0.03 (+1.07%)
PERSPECTIVE THERAPEUTICS INC / CATX FAQ
Can you provide the ChartMill technical rating for PERSPECTIVE THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 10 to CATX.
Can you provide the trend direction for PERSPECTIVE THERAPEUTICS INC?
The current trend direction for PERSPECTIVE THERAPEUTICS INC (CATX) is Bearish.
What is the RSI signal for PERSPECTIVE THERAPEUTICS INC (CATX) stock?
PERSPECTIVE THERAPEUTICS INC (CATX) has an RSI value of 56.5619. This indicates that the stock is currently neutral.
What are the support and resistance levels for PERSPECTIVE THERAPEUTICS INC (CATX) stock?
PERSPECTIVE THERAPEUTICS INC (CATX) has a support level at 2.82 and a resistance level at 2.89. Check the full technical report for our detailed analysis of CATX support and resistance levels.