CASTELLUM INC (CTM) Technical Analysis
NYSEARCA:CTM • US14838T2042
Current stock price
CTM Technical Rating and Analysis
Overall CTM gets a technical rating of 0 out of 10. CTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CTM is a bad performer in the overall market: 92% of all stocks are doing better.
- CTM is part of the IT Services industry. There are 88 other stocks in this industry, of which 62% are performing better than CTM.
- CTM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CTM is lagging the market.
- In the last month CTM has a been trading in the 0.61 - 0.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- CTM has an average volume of 1133520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CTM Weekly and Daily overview Charts
CTM Setup Rating and Analysis
The technical rating of CTM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CTM Support and Resistance Analysis
0.61
3 important resistance areas can be observed.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @0.94 from a trend line in the daily time frame.
- Resistance @1.28 from a horizontal line in the daily 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 | 8.52 | NEGATIVE | CTM has a low relative strength, it was outperformed by 91.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTM is below a declining 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) | 18.97 | OVERSOLD | The low RSI value suggests CTM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTM has a negative trend. |
| Stochastics (14,3) | 5.75 | OVERSOLD | The low Stochastics value suggests CTM may be oversold. |
| Average True Range in percent/ATR (20) | 7.3 | HIGH VOLATILITY | The high ATR as a percentage value for CTM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.45 | 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
0.6201
-0.03 (-5.23%)
CASTELLUM INC / CTM TA FAQ
What is the technical rating for CTM stock?
ChartMill assigns a technical rating of 0 / 10 to CTM.
Can you provide the trend direction for CASTELLUM INC?
The current trend direction for CASTELLUM INC (CTM) is Bearish.
What is the RSI signal for CTM stock?
CASTELLUM INC (CTM) has an RSI value of 18.9661. This indicates that the stock is currently oversold.
What is the short term momentum for CTM stock?
The short term momentum for CASTELLUM INC (CTM) is negative.
What is the buy/sell signal for CTM stock?
The buy/sell signal for CASTELLUM INC (CTM) is sell as both the short term and long term trends are negative.