YUNHONG CTI LTD (CTIB) Stock Technical Analysis
NASDAQ:CTIB - US98873Q1004 - Common Stock
2.4 USD
+0.43 (+21.83%)
2.36 USD
-0.04 (-1.67%)
Overall CTIB gets a technical rating of 10 out of 10. In the last year, CTIB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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.
When comparing the yearly performance of all stocks, we notice that CTIB is one of the better performing stocks in the market, outperforming 98% of all 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 63 other stocks in this industry. CTIB outperforms 100% of them.
A new 52 week high is currently being made by CTIB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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.
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.
More info and screens
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.
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 | NEUTRAL | NEUTRAL | The long term trend for CTIB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTIB is up. |
| ChartMill Relative Strength | 98.93 | POSITIVE | CTIB has a high relative strength, it outperformed 98.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTIB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.88 | NEUTRAL | The RSI value for CTIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CTIB has a positive trend. |
| Stochastics (14,3) | 78.79 | NEUTRAL | The Stochastics value for CTIB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for CTIB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for CTIB 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)
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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%7.54%
ATR Inc60.82%
Range Today0.44
ADR(20)N/A
ADR(20)%N/A
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
CS1 End1.89
CR1 StartN/A
Volume & EV
DER(3)-5.8%
DER(5)-6.33%
Volume242.30K
Volume Incr362.51%
Vol(5)122.82K
Vol(50)30.84K