CASTELLUM INC (CTM) Stock Technical Analysis
USA - NYSEARCA:CTM - US14838T2042 - Common Stock
Taking everything into account, CTM scores 7 out of 10 in our technical rating. In the past year, CTM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although CTM 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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When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.01 from a trend line in the weekly time frame.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.18 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.28 to 1.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.39 from a trend line in the weekly time frame.
- Resistance @1.52 from a horizontal 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 CTM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTM is up. |
| ChartMill Relative Strength | 99.07 | POSITIVE | CTM has a high relative strength, it outperformed 99.07% 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) | UP | POSITIVE | The current price of CTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for CTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.82 | NEUTRAL | The Stochastics value for CTM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for CTM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for CTM suggests a strong trend. |
1.15
-0.08 (-6.5%)
CASTELLUM INC / CTM FAQ
What is the technical rating for CTM stock?
ChartMill assigns a technical rating of 7 / 10 to CTM.
What is the trend direction for CTM stock?
The current trend direction for CASTELLUM INC (CTM) is Bearish.
What is the RSI signal for CASTELLUM INC (CTM) stock?
CASTELLUM INC (CTM) has an RSI value of 53.8343. This indicates that the stock is currently neutral.
What is the short term momentum for CASTELLUM INC (CTM) stock?
The short term momentum for CASTELLUM INC (CTM) is positive.
What are the support and resistance levels for CASTELLUM INC (CTM) stock?
CASTELLUM INC (CTM) has a support level at 1.14 and a resistance level at 1.18. Check the full technical report for our detailed analysis of CTM support and resistance levels.