CASTELLUM INC (CTM) Technical Analysis
NYSEARCA:CTM • US14838T2042
Current stock price
CTM Technical Rating and Analysis
Taking everything into account, CTM scores 1 out of 10 in our technical rating. CTM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than CTM.
- CTM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CTM has a been trading in the 0.48 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
- CTM has an average volume of 1001660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTM is part of the IT Services industry. There are 88 other stocks in this industry, CTM did better than 41% of them.
CTM Weekly and Daily overview Charts
CTM Setup Rating and Analysis
Although the technical rating is bad, CTM does present a nice setup opportunity. 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 0.73. Right above this resistance zone may be a good entry point.
More info and screens
CTM Support and Resistance Analysis
0.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.65 from a trend line in the weekly time frame.
- Support @0.61 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.84 from a trend line in the daily time frame.
- Resistance @0.90 from a trend line in the daily time frame.
- Resistance @1.23 from a trend line in the weekly time frame.
CTM 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 | DOWN | NEGATIVE | The long term trend for CTM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTM is down. |
| ChartMill Relative Strength | 9.78 | NEGATIVE | CTM has a low relative strength, it was outperformed by 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.81 | NEUTRAL | The RSI value for CTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.35 | NEUTRAL | The Stochastics value for CTM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for CTM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.99 | POSITIVE | The high ADX value value for CTM suggests a strong trend. |
CTM Chart- and CandleStick Pattern Analysis
CTM Technicals: Chart, Performance Metrics, Trend & Indicators
0.6903
0 (-0.33%)
CASTELLUM INC / CTM TA FAQ
What is the technical rating for CTM stock?
ChartMill assigns a technical rating of 1 / 10 to CTM.
What is the current trend direction of CASTELLUM INC (CTM) stock?
The current trend direction for CASTELLUM INC (CTM) is Bearish.
Can you provide the RSI signal for CASTELLUM INC?
CASTELLUM INC (CTM) has an RSI value of 45.8065. This indicates that the stock is currently neutral.
What is the short term momentum for CTM stock?
The short term momentum for CASTELLUM INC (CTM) is negative.
Can you provide the support and resistance levels for CASTELLUM INC?
CASTELLUM INC (CTM) has a support level at 0.68 and a resistance level at 0.73. Check the full technical report for our detailed analysis of CTM support and resistance levels.