CYTOMX THERAPEUTICS INC (CTMX) Technical Analysis
NASDAQ:CTMX • US23284F1057
Current stock price
CTMX Technical Rating and Analysis
Overall CTMX gets a technical rating of 6 out of 10. In the last year, CTMX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, CTMX did better than 98% of all other stocks.
- CTMX is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 516 stocks in the same industry.
- CTMX has an average volume of 7669490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTMX is lagging the market.
- In the last month CTMX has a been trading in the 4.08 - 5.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CTMX Weekly and Daily overview Charts
CTMX Setup Rating and Analysis
CTMX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.39, a Stop Loss order could be placed below this zone.
More info and screens
CTMX Support and Resistance Analysis
4.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.38 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.21 to 4.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.12 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.83 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CTMX 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 | UP | POSITIVE | The long term trend for CTMX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTMX is neutral. |
| ChartMill Relative Strength | 98.97 | POSITIVE | CTMX has a high relative strength, it outperformed 98.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.66 | NEUTRAL | The RSI value for CTMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CTMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.07 | NEUTRAL | The Stochastics value for CTMX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for CTMX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for CTMX suggests a possible start of a new trend. |
CTMX Chart- and CandleStick Pattern Analysis
CTMX 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.91 | 4.37 | 0.54 (11.00%) | 9.09% |
| An entry @4.91. This is a Buy Stop order right above the resistance zone. | An exit @4.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 11.00%. | When investing 9.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
CTMX Technicals: Chart, Performance Metrics, Trend & Indicators
4.61
-0.15 (-3.15%)
CYTOMX THERAPEUTICS INC / CTMX TA FAQ
What is the technical rating for CTMX stock?
ChartMill assigns a technical rating of 6 / 10 to CTMX.
What is the trend direction for CTMX stock?
The current trend direction for CYTOMX THERAPEUTICS INC (CTMX) is Bullish.
Can you provide the RSI signal for CYTOMX THERAPEUTICS INC?
CYTOMX THERAPEUTICS INC (CTMX) has an RSI value of 48.6569. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CYTOMX THERAPEUTICS INC?
CYTOMX THERAPEUTICS INC (CTMX) has a support level at 4.39 and a resistance level at 4.83. Check the full technical report for our detailed analysis of CTMX support and resistance levels.