CATALYST PHARMACEUTICALS INC (CPRX) Stock Technical Analysis
USA - NASDAQ:CPRX - US14888U1016 - Common Stock
19.78 USD
-0.62 (-3.04%)
19.79 USD
+0.01 (+0.05%)
Taking everything into account, CPRX scores 0 out of 10 in our technical rating. CPRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CPRX is a bad performer in the overall market: 83% of all stocks are doing better.
CPRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CPRX has a been trading in the 19.17 - 21.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CPRX has an average volume of 1512560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CPRX is an average performer in the Biotechnology industry, it outperforms 49% of 538 stocks in the same industry.
CPRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPRX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.33
26.00
When analyzing the support we notice one important area.
- A support zone ranging from 19.53 to 19.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.59 to 21.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.85 to 22.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CPRX is neutral. |
| ChartMill Relative Strength | 17.72 | NEGATIVE | CPRX has a low relative strength, it was outperformed by 82.28% off all stocks 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) | DOWN | NEGATIVE | The current price of CPRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.14 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.39 | NEUTRAL | The Stochastics value for CPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 8.87 | 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)
19.78
-0.62 (-3.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.04%
1 Week-0.95%
2 Weeks-2.51%
1 Month-3.79%
3 Month-12.01%
6 Month-18.37%
12 Month-4.86%
2 Year69.2%
3 Year54.17%
5 Year565.99%
10 Year559.33%
15 Year1666.07%
Volatility
ATR(14)0.7
ATR(20)%3.47%
ATR Inc-21.78%
Range Today0.63
ADR(20)0.68
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.72
Mansfield-1.99
10 Day High20.75
10 Day Low19.6
20 Day High21.82
20 Day Low19.17
52 Week High26.58
52 Week Low19.15
CS1 End19.77
CR1 Start20.59
Volume & EV
DER(3)7.55%
DER(5)5.83%
Volume3.56M
Volume Incr18.71%
Vol(5)1.84M
Vol(50)1.51M