CATALYST PHARMACEUTICALS INC (CPRX) Stock Technical Analysis
NASDAQ:CPRX - Nasdaq - US14888U1016 - Common Stock - Currency: USD
Overall CPRX gets a technical rating of 1 out of 10. CPRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CPRX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CPRX has an average volume of 1307320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CPRX turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
CPRX is an average performer in the Biotechnology industry, it outperforms 65% of 558 stocks in the same industry.
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.
Although the technical rating is bad, CPRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.02, a Stop Loss order could be placed below this zone.
More info and screens
20.05
26.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.58 to 21.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.25 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.32 to 21.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.74 from a horizontal line 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 CPRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPRX is down. |
| ChartMill Relative Strength | 55.25 | NEUTRAL | CPRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CPRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.09 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.33 | NEUTRAL | The Stochastics value for CPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 36.08 | 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)
21.03
-0.42 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.96%
1 Week-3.58%
2 Weeks-2%
1 Month-7.8%
3 Month-6.62%
6 Month-7.68%
12 Month24.14%
2 Year52.06%
3 Year105.37%
5 Year389.07%
10 Year325.71%
15 Year1728.7%
Volatility
ATR(14)0.69
ATR(20)%3.32%
ATR Inc-11.49%
Range Today0.71
ADR(20)0.69
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.25
Mansfield-1.13
10 Day High22.1
10 Day Low20.6
20 Day High23.11
20 Day Low20.6
52 Week High26.58
52 Week Low15.34
CS1 End21.02
CR1 Start21.32
Volume & EV
DER(3)2.36%
DER(5)1.34%
Volume1.23M
Volume Incr-7.62%
Vol(5)1.33M
Vol(50)1.31M