CATALYST PHARMACEUTICALS INC (CPRX) Stock Technical Analysis
NASDAQ:CPRX - Nasdaq - US14888U1016 - Common Stock - Currency: USD
Overall CPRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CPRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CPRX is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by CPRX over the past year are nicely spread over this period.
CPRX is part of the Biotechnology industry. There are 559 other stocks in this industry. CPRX outperforms 89% of them.
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.
CPRX has an average volume of 1188190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CPRX has a been trading in the 23.20 - 26.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CPRX has an excellent technical rating, it does not present a decent entry opportunity 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
19.18
26.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.93 to 23.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.81 from a trend line in the weekly time frame.
- Support @21.40 from a horizontal line in the daily time frame.
- Support @21.02 from a horizontal line in the weekly time frame.
- Support @19.37 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @24.31 from a trend line in the daily time frame.
- Resistance @26.31 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 | UP | POSITIVE | The long term trend for CPRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPRX is neutral. |
| ChartMill Relative Strength | 92.11 | POSITIVE | CPRX has a high relative strength, it outperformed 92.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CPRX is below 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) | 46.47 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CPRX has a negative trend. |
| Stochastics (14,3) | 57.53 | NEUTRAL | The Stochastics value for CPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for CPRX suggests a weak or negative 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)
24.29
-1.12 (-4.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.41%
1 Week-4.22%
2 Weeks-1.18%
1 Month3.8%
3 Month15.56%
6 Month13.61%
12 Month61.29%
2 Year80.73%
3 Year246.51%
5 Year425.76%
10 Year488.14%
15 Year2353.54%
Volatility
ATR(14)0.83
ATR(20)%3.28%
ATR Inc106.7%
Range Today1.76
ADR(20)0.77
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.11
Mansfield0.82
10 Day High26.58
10 Day Low23.58
20 Day High26.58
20 Day Low23.2
52 Week High26.58
52 Week Low14.75
CS1 End23.01
CR1 Start24.31
Volume & EV
DER(3)-6.04%
DER(5)-2.93%
Volume2.01M
Volume Incr40.31%
Vol(5)1.59M
Vol(50)1.19M