CATALYST PHARMACEUTICALS INC (CPRX) Stock Technical Analysis
USA - NASDAQ:CPRX - US14888U1016 - Common Stock
Overall CPRX gets a technical rating of 4 out of 10. In the past year, CPRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CPRX has an average technical rating and the quality of the presented setup is also not ideal 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.
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19.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.50 to 21.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.52 to 19.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.40 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.85 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 | NEUTRAL | NEUTRAL | The long term trend for CPRX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPRX is neutral. |
| ChartMill Relative Strength | 37.1 | 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) | DOWN | NEGATIVE | The current price of CPRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.16 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CPRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.3 | NEUTRAL | The Stochastics value for CPRX is a neutral value. |
| 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) | 31.04 | POSITIVE | The high ADX value value for CPRX suggests a strong trend. |
21.39
+0.4 (+1.91%)
CATALYST PHARMACEUTICALS INC / CPRX FAQ
What is the ChartMill technical rating of CATALYST PHARMACEUTICALS INC (CPRX) stock?
ChartMill assigns a technical rating of 4 / 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 56.1621. 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 neutral.