CYTOMX THERAPEUTICS INC (CTMX) Stock Technical Analysis
NASDAQ:CTMX - Nasdaq - US23284F1057 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CTMX. Both in the recent history as in the last year, CTMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
CTMX is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 558 stocks in the same industry.
CTMX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTMX is lagging the market slightly.
In the last month CTMX has a been trading in the 2.08 - 3.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CTMX has an average volume of 6079480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CTMX did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
CTMX has an excellent technical rating, but the quality of the setup is only medium 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
2.08
2.79
We found 2 important support areas.
- Support @2.24 from a horizontal line in the weekly time frame.
- Support @2.10 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.61 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.76 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CTMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTMX is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | CTMX has a high relative strength, it outperformed 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTMX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTMX is above the rising 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) | 52.7 | NEUTRAL | The RSI value for CTMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CTMX has a negative trend. |
| Stochastics (14,3) | 69.36 | NEUTRAL | The Stochastics value for CTMX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for CTMX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.56 | POSITIVE | The high ADX value value for CTMX suggests a strong 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)
2.42
-0.18 (-6.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.92%
1 Week-3.2%
2 Weeks4.76%
1 Month-14.18%
3 Month354.46%
6 Month174.97%
12 Month70.42%
2 Year39.08%
3 Year69.23%
5 Year-65.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.17%
ATR Inc55.33%
Range Today0.23
ADR(20)0.22
ADR(20)%9.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.84
Mansfield8.37
10 Day High2.79
10 Day Low2.15
20 Day High3.1
20 Day Low2.08
52 Week High3.1
52 Week Low0.4
CS1 End2.24
CR1 Start2.61
Volume & EV
DER(3)-5.16%
DER(5)-3.73%
Volume1.56M
Volume Incr-16.24%
Vol(5)2.18M
Vol(50)6.08M