CATALYST PHARMACEUTICALS INC (CPRX) Stock Technical Analysis
USA - NASDAQ:CPRX - US14888U1016 - Common Stock
23.18 USD
+0.16 (+0.7%)
23.18 USD
0 (0%)
Taking everything into account, CPRX scores 7 out of 10 in our technical rating. CPRX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CPRX has a been trading in the 20.32 - 23.44 range, which is quite wide. It is currently trading near the high of this range.
CPRX has an average volume of 1474570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CPRX is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CPRX is part of the Biotechnology industry. There are 531 other stocks in this industry, CPRX did better than 62% of them.
CPRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPRX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, CPRX also presents a decent setup pattern. 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
19.36
23.41
We found 2 important support areas.
- A support zone ranging from 20.00 to 20.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.56 to 19.64. 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 | NEUTRAL | NEUTRAL | The long term trend for CPRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPRX is up. |
| ChartMill Relative Strength | 77.57 | POSITIVE | CPRX has a high relative strength, it outperformed 77.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CPRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.02 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CPRX has a positive trend. |
| Stochastics (14,3) | 88.06 | OVERBOUGHT | The high Stochastics value suggests CPRX may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for CPRX 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 |
|---|---|---|---|
| 23.45 | 20.65 | 2.80 (11.94%) | 8.37% |
| An entry @23.45. This is a Buy Stop order right above the 10 day high. | An exit @20.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.80 points, which is 11.94%. | For a 1.00% total portfolio risk, you can invest 8.37% of your capital in this trade. |
- 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.
23.18
+0.16 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.7%
1 Week8.37%
2 Weeks8.98%
1 Month12.8%
3 Month14.58%
6 Month-4.88%
12 Month12.52%
2 Year60.64%
3 Year38.22%
5 Year533.33%
10 Year755.35%
15 Year2086.79%
Volatility
ATR(14)0.87
ATR(20)%3.31%
ATR Inc-12.13%
Range Today0.64
ADR(20)0.76
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.57
3 months CRS85.49
6 months CRS24.66
Mansfield-0.53
10 Day High23.44
10 Day Low20.66
20 Day High23.44
20 Day Low20.32
52 Week High26.58
52 Week Low19.05
CS1 End20.75
CR1 StartN/A
Volume & EV
DER(3)2.2%
DER(5)2.06%
Volume1.15M
Volume Incr5.75%
Vol(5)1.39M
Vol(50)1.47M
CATALYST PHARMACEUTICALS INC / CPRX FAQ
What is the ChartMill technical rating of CATALYST PHARMACEUTICALS INC (CPRX) stock?
ChartMill assigns a technical rating of 7 / 10 to CPRX.
What is the current trend direction of CATALYST PHARMACEUTICALS INC (CPRX) stock?
The current trend direction for CATALYST PHARMACEUTICALS INC (CPRX) is Bearish.
Can you provide the RSI signal for CATALYST PHARMACEUTICALS INC?
CATALYST PHARMACEUTICALS INC (CPRX) has an RSI value of 69.0176. This indicates that the stock is currently neutral.
What is the short term momentum for CATALYST PHARMACEUTICALS INC (CPRX) stock?
The short term momentum for CATALYST PHARMACEUTICALS INC (CPRX) is positive.