Catalent Inc (CTLT) Stock Technical Analysis
USA - NYSE:CTLT - US1488061029 - Common Stock
Taking everything into account, CTLT scores 10 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, CTLT is showing a nice and steady performance.
Although CTLT has an excellent technical rating, it does not offer a high 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.
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57.89
When analyzing the support we notice one important area.
- A support zone ranging from 58.47 to 61.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 63.49 to 63.49. 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 CTLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTLT is up. |
| ChartMill Relative Strength | 86.78 | POSITIVE | CTLT has a high relative strength, it outperformed 86.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.48 | OVERBOUGHT | The high RSI value suggests CTLT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CTLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.29 | OVERBOUGHT | The high Stochastics value suggests CTLT may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for CTLT suggests low volalility. |
| Average Directional Index/ADX (14) | 41.11 | POSITIVE | The high ADX value value for CTLT suggests a strong trend. |
63.48
0 (0%)
Catalent Inc / CTLT FAQ
What is the ChartMill technical rating of Catalent Inc (CTLT) stock?
ChartMill assigns a technical rating of 10 / 10 to CTLT.
What is the trend direction for CTLT stock?
The current trend direction for Catalent Inc (CTLT) is Bullish.
What is the RSI signal for CTLT stock?
Catalent Inc (CTLT) has an RSI value of 74.4817. This indicates that the stock is currently overbought.
What is the MACD signal for Catalent Inc (CTLT) stock?
The MACD indicator for Catalent Inc (CTLT) has a value of 0.174742, indicating a bearish trend.
Can you provide the support and resistance levels for Catalent Inc?
Catalent Inc (CTLT) has a support level at 61.63 and a resistance level at 63.49. Check the full technical report for our detailed analysis of CTLT support and resistance levels.