CATALYST PHARMACEUTICALS INC (CPRX) Technical Analysis
NASDAQ:CPRX • US14888U1016
Current stock price
CPRX Technical Rating and Analysis
Taking everything into account, CPRX scores 8 out of 10 in our technical rating. Although CPRX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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.
- In the last month CPRX has a been trading in the 22.16 - 25.82 range, which is quite wide. It is currently trading near the high of this range.
- CPRX has an average volume of 1216800 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 60% of all stocks.
- CPRX is an average performer in the Biotechnology industry, it outperforms 50% of 516 stocks in the same industry.
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. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CPRX Support and Resistance Analysis
19.36
We found 5 important support areas.
- A support zone ranging from 23.80 to 24.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.18 from a trend line in the weekly time frame.
- A support zone ranging from 22.33 to 22.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.38 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 | 60.3 | NEUTRAL | CPRX is not amongst the best or worst performers 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) | 56.18 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.43 | OVERBOUGHT | The high Stochastics value suggests CPRX may be overbought. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.96 | NEGATIVE | The low ADX value for CPRX suggests a weak or negative trend. |
CPRX Chart- and CandleStick Pattern Analysis
CPRX Technicals: Chart, Performance Metrics, Trend & Indicators
24.94
-0.66 (-2.58%)
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 56.1787. This indicates that the stock is currently neutral.
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 24.2. Check the full technical report for our detailed analysis of CPRX support and resistance levels.