CYTEK BIOSCIENCES INC (CTKB) Technical Analysis
NASDAQ:CTKB • US23285D1090
Current stock price
4.32 USD
-0.26 (-5.68%)
At close:
4.32 USD
0 (0%)
After Hours:
CTKB Technical Rating and Analysis
Taking everything into account, CTKB scores 1 out of 10 in our technical rating. CTKB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 65% of all other stocks performed better in the past year than CTKB.
- CTKB is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 78% of 56 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CTKB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTKB is lagging the market slightly.
- In the last month CTKB has a been trading in the 3.95 - 4.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTKB Weekly and Daily overview Charts
CTKB Setup Rating and Analysis
The technical rating of CTKB is bad and it also does not present a quality setup 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
CTKB Support and Resistance Analysis
3.95
5.94
We found 1 important support area.
- A support zone ranging from 3.99 to 4.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.46 to 4.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.60 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.72 to 4.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.49 from a trend line in the weekly time frame.
- Resistance @5.88 from a horizontal line in the daily time frame.
CTKB 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 | NEUTRAL | NEUTRAL | The long term trend for CTKB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTKB is neutral. |
| ChartMill Relative Strength | 35.23 | NEUTRAL | CTKB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTKB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTKB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTKB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for CTKB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CTKB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for CTKB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for CTKB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for CTKB suggests a possible start of a new trend. |
CTKB Chart- and CandleStick Pattern Analysis
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)
CTKB Technicals: Chart, Performance Metrics, Trend & Indicators
4.32
-0.26 (-5.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-5.68%
1 Week-3.57%
2 Weeks7.73%
1 Month-3.57%
3 Month-15.29%
6 Month27.06%
12 Month8%
2 Year-35.62%
3 Year-52.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.06%
ATR Inc16.21%
Range Today0.37
ADR(20)0.21
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.23
3 months CRS25.47
6 months CRS91.03
Mansfield0.66
10 Day High4.75
10 Day Low4.02
20 Day High4.75
20 Day Low3.95
52 Week High6.18
52 Week Low2.37
CS1 End4.06
CR1 Start4.46
Volume & EV
DER(3)-3.39%
DER(5)0.01%
Volume556.80K
Volume Incr-27.67%
Vol(5)620.50K
Vol(50)825.48K
CYTEK BIOSCIENCES INC / CTKB TA FAQ
What is the ChartMill technical rating of CYTEK BIOSCIENCES INC (CTKB) stock?
ChartMill assigns a technical rating of 1 / 10 to CTKB.
What is the trend direction for CTKB stock?
The current trend direction for CYTEK BIOSCIENCES INC (CTKB) is Bearish.
What is the RSI signal for CYTEK BIOSCIENCES INC (CTKB) stock?
CYTEK BIOSCIENCES INC (CTKB) has an RSI value of 45.1951. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CYTEK BIOSCIENCES INC?
The short term momentum for CYTEK BIOSCIENCES INC (CTKB) is neutral.