CATALYST PHARMACEUTICALS INC (CPRX) Technical Analysis
NASDAQ:CPRX • US14888U1016
Current stock price
CPRX Technical Rating and Analysis
Overall CPRX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CPRX is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CPRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPRX is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CPRX has an average volume of 1479420 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 an average performer in the Biotechnology industry, it outperforms 59% of 515 stocks in the same industry.
- In the last month CPRX has a been trading in the 24.00 - 32.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CPRX Weekly and Daily overview Charts
CPRX Setup Rating and Analysis
Although CPRX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CPRX Support and Resistance Analysis
19.36
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.30 to 26.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.57 from a trend line in the weekly time frame.
- A support zone ranging from 22.51 to 23.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.58 from a trend line in the weekly time frame.
- Support @19.56 from a horizontal line in the weekly time frame.
CPRX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CPRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPRX is up. |
| ChartMill Relative Strength | 77.44 | POSITIVE | CPRX has a high relative strength, it outperformed 77.44% 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) | UP | POSITIVE | The current price of CPRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.22 | OVERBOUGHT | The high RSI value suggests CPRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests CPRX has a positive trend. |
| Stochastics (14,3) | 65.71 | NEUTRAL | The Stochastics value for CPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for CPRX suggests a strong trend. |
CPRX Chart- and CandleStick Pattern Analysis
CPRX Technicals: Chart, Performance Metrics, Trend & Indicators
29.44
+0.17 (+0.58%)
CATALYST PHARMACEUTICALS INC / CPRX TA FAQ
What is the ChartMill technical rating of CATALYST PHARMACEUTICALS INC (CPRX) stock?
ChartMill assigns a technical rating of 8 / 10 to CPRX.
Can you provide the trend direction for CATALYST PHARMACEUTICALS INC?
The current trend direction for CATALYST PHARMACEUTICALS INC (CPRX) is Bullish.
What is the RSI signal for CPRX stock?
CATALYST PHARMACEUTICALS INC (CPRX) has an RSI value of 75.224. This indicates that the stock is currently overbought.
What is the short term momentum for CPRX stock?
The short term momentum for CATALYST PHARMACEUTICALS INC (CPRX) is positive.
What are the support and resistance levels for CATALYST PHARMACEUTICALS INC (CPRX) stock?
CATALYST PHARMACEUTICALS INC (CPRX) has a support level at 26.39. Check the full technical report for our detailed analysis of CPRX support and resistance levels.