CATALYST PHARMACEUTICALS INC (CPRX) Technical Analysis
NASDAQ:CPRX • US14888U1016
Current stock price
CPRX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CPRX. 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.
- 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 is also trading in the upper part of its 52 week range, so CPRX is performing more or less in line with the market.
- In the last month CPRX has a been trading in the 22.16 - 25.43 range, which is quite wide. It is currently trading near the high of this range.
- CPRX has an average volume of 1197310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CPRX outperforms 65% of them, which is more or less in line with the market.
- CPRX is part of the Biotechnology industry. There are 517 other stocks in this industry, CPRX did better than 50% of them.
CPRX Weekly and Daily overview Charts
CPRX Setup Rating and Analysis
CPRX has an excellent technical rating, but the quality of the setup is only medium 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 23.81 to 24.25. 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 22.70. 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.
When analyzing the resistance we notice one important area.
- Resistance @25.22 from a horizontal line in the daily 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 | 65.95 | 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) | 59.19 | NEUTRAL | The RSI value for CPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CPRX has a positive trend. |
| Stochastics (14,3) | 91.29 | OVERBOUGHT | The high Stochastics value suggests CPRX may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.27 | NEGATIVE | The low ADX value for CPRX suggests a weak or negative trend. |
CPRX Chart- and CandleStick Pattern Analysis
CPRX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.23 | 23.80 | 1.43 (5.67%) | 17.64% |
| An entry @25.23. This is a Buy Stop order right above the resistance zone. | An exit @23.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.43 points, which is 5.67%. | When investing 17.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CPRX Technicals: Chart, Performance Metrics, Trend & Indicators
24.99
+0.01 (+0.04%)
CATALYST PHARMACEUTICALS INC / CPRX TA FAQ
What is the ChartMill technical rating of CATALYST PHARMACEUTICALS INC (CPRX) stock?
ChartMill assigns a technical rating of 7 / 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 59.1934. 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 24.25 and a resistance level at 25.22. Check the full technical report for our detailed analysis of CPRX support and resistance levels.