CASTELLUM INC (CTM) Stock Technical Analysis
NYSEARCA:CTM - NYSE Arca - US14838T2042 - Common Stock - Currency: USD
Taking everything into account, CTM scores 9 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, CTM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CTM is one of the better performing stocks in the IT Services industry, it outperforms 98% of 82 stocks in the same industry.
In the last month CTM has a been trading in the 1.00 - 1.44 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CTM has an average volume of 2187170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CTM is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
0.98
1.42
We found 2 important support areas.
- Support @1.06 from a trend line in the daily time frame.
- Support @0.99 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.41 to 1.41. 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 CTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTM is up. |
| ChartMill Relative Strength | 99.17 | POSITIVE | CTM has a high relative strength, it outperformed 99.17% 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) | 66.44 | 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. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests CTM may be overbought. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for CTM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for CTM suggests a possible start of a new trend. |
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)
1.4
+0.07 (+5.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg5.26%
1 Week15.7%
2 Weeks23.89%
1 Month29.63%
3 Month50.54%
6 Month26.13%
12 Month573.08%
2 Year200.37%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.11%
ATR Inc25.69%
Range Today0.11
ADR(20)0.08
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.17
Mansfield8.35
10 Day High1.44
10 Day Low1.1
20 Day High1.44
20 Day Low1
52 Week High2.83
52 Week Low0.12
CS1 End1.06
CR1 Start1.41
Volume & EV
DER(3)1.63%
DER(5)0.08%
Volume4.26M
Volume Incr135.15%
Vol(5)4.87M
Vol(50)2.19M