Taking everything into account, CPTA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPTA is showing a nice and steady performance.
Besides having an excellent technical rating, CPTA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.85, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.35 to 24.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.43 from a trend line in the daily time frame.
- Support @16.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.36 to 26.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CPTA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPTA is neutral. |
| ChartMill Relative Strength | 88.92 | POSITIVE | CPTA has a high relative strength, it outperformed 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.09 | NEUTRAL | The RSI value for CPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CPTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests CPTA may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CPTA suggests some volalility. |
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 |
|---|---|---|---|
| 26.37 | 24.34 | 2.03 (7.70%) | 12.99% |
| An entry @26.37. This is a Buy Stop order right above the resistance zone. | An exit @24.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.03 points, which is 7.70%. | When investing 12.99% 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.
NASDAQ:CPTA (7/1/2021, 8:00:00 PM)
25.4
+0.85 (+3.46%)
Capitala Finance Crp / CPTA FAQ
What is the technical rating for CPTA stock?
ChartMill assigns a technical rating of 8 / 10 to CPTA.
Can you provide the trend direction for Capitala Finance Crp?
The current trend direction for Capitala Finance Crp (CPTA) is Bullish.
What is the RSI signal for Capitala Finance Crp (CPTA) stock?
Capitala Finance Crp (CPTA) has an RSI value of 57.0886. This indicates that the stock is currently neutral.
What is the support and resistance level for CPTA stock?
Capitala Finance Crp (CPTA) has a support level at 24.85 and a resistance level at 26.36. Check the full technical report for our detailed analysis of CPTA support and resistance levels.