YUNHONG CTI LTD (CTIB)

US98873Q1004 - Common Stock

2.4  +0.43 (+21.83%)

After market: 2.36 -0.04 (-1.67%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CTIB. CTIB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, CTIB did better than 98% of all other stocks. On top of that, CTIB also shows a nice and consistent pattern of rising prices.
CTIB is part of the Household Durables industry. There are 68 other stocks in this industry. CTIB outperforms 100% of them.
CTIB is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CTIB is leading the market.
In the last month CTIB has a been trading in the 1.51 - 2.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CTIB Weekly chart
CTIB Daily chart
Setup Rating and Analysis

2

Although CTIB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.44

2.42

We found 3 important support areas.

  • A support zone ranging from 1.86 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.67 from a trend line in the daily time frame.
  • Support @1.45 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.93
Mansfield5.46
10 Day High2.4
10 Day Low1.51
20 Day High2.4
20 Day Low1.51
52 Week High2.4
52 Week Low0.33
Performance
1 Week31.87%
2 Weeks39.53%
1 Month24.35%
3 Month18.81%
6 Month71.43%
12 Month220%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)68.88
LBB1.43
UBB2.28
CTIB Daily chart

YUNHONG CTI LTD

NASDAQ:CTIB (9/22/2023, 7:00:01 PM)

After market: 2.36 -0.04 (-1.67%)

2.4

+0.43 (+21.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg21.83%
1 Week31.87%
2 Weeks39.53%
1 Month24.35%
3 Month18.81%
6 Month71.43%
12 Month220%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%7.54%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.4
10 Day Low1.51
20 Day High2.4
20 Day Low1.51
52 Week High2.4
52 Week Low0.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume242.30K
Volume Incr362.51%
Vol(5)122.82K
Vol(50)30.84K