CATALENT INC (CTLT)

US1488061029 - Common Stock

56.45  -0.03 (-0.05%)

After market: 56.5 +0.05 (+0.09%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to CTLT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTLT is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
CTLT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CTLT has an average volume of 2997290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CTLT outperforms 54% of them, which is more or less in line with the market.
CTLT is part of the Pharmaceuticals industry. There are 203 other stocks in this industry, CTLT did better than 56% of them.
CTLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTLT is lagging the market.
In the last month CTLT has a been trading in a tight range between 55.77 and 57.73.
Weekly and Daily overview Charts
CTLT Weekly chart
CTLT Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CTLT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 56.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.42, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

32.53

60.43

We found 2 important support areas.

  • A support zone ranging from 55.65 to 56.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.86 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 56.84 to 57.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @58.78 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 59.82 to 59.83. This zone is formed by a combination of multiple trend lines 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
CRS54.33
Mansfield0.56
10 Day High56.76
10 Day Low55.77
20 Day High57.73
20 Day Low55.77
52 Week High67.54
52 Week Low31.45
Performance
1 Week1.07%
2 Weeks-0.44%
1 Month-1.55%
3 Month25.64%
6 Month23.98%
12 Month-14.09%
2 Year-49.1%
3 Year-46.4%
5 Year39.07%
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)-0.14
RSI(14)53.97
LBB55.62
UBB56.93
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
57.2655.761.50 (2.62%)25.00%
An entry @57.26. This is a Buy Stop order right above the resistance zone.An exit @55.76. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.50 points, which is 2.62%.For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
CTLT Daily chart

CATALENT INC

NYSE:CTLT (3/28/2024, 8:04:01 PM)

After market: 56.5 +0.05 (+0.09%)

56.45

-0.03 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.05%
1 Week1.07%
2 Weeks-0.44%
1 Month-1.55%
3 Month25.64%
6 Month23.98%
12 Month-14.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%0.89%
ATR Inc
Range Today0.38
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 High56.76
10 Day Low55.77
20 Day High57.73
20 Day Low55.77
52 Week High67.54
52 Week Low31.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.84M
Volume Incr-33.99%
Vol(5)1.59M
Vol(50)3.00M