CYTOMX THERAPEUTICS INC (CTMX) Technical Analysis
NASDAQ:CTMX • US23284F1057
We assign a technical rating of 6 out of 10 to CTMX. In the last year, CTMX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month CTMX has a been trading in the 4.56 - 6.10 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CTMX did better than 99% of all other stocks.
- CTMX is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 519 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.
- CTMX has an average volume of 2992750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CTMX has an average technical rating and it also 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
4.62
We found 2 important support areas.
- Support @4.75 from a trend line in the daily time frame.
- A support zone ranging from 4.67 to 4.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.03 to 5.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.59 from a trend 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 | UP | POSITIVE | The long term trend for CTMX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTMX is down. |
| ChartMill Relative Strength | 99.47 | POSITIVE | CTMX has a high relative strength, it outperformed 99.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTMX is below 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) | 44.07 | NEUTRAL | The RSI value for CTMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CTMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.03 | NEUTRAL | The Stochastics value for CTMX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for CTMX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for CTMX suggests a weak or negative trend. |
CTMX Technicals: Chart, Performance Metrics, Trend & Indicators
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CYTOMX THERAPEUTICS INC / CTMX 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.
What is the RSI signal for CTMX stock?
CYTOMX THERAPEUTICS INC (CTMX) has an RSI value of 44.0738. This indicates that the stock is currently neutral.
What is the MACD signal for CYTOMX THERAPEUTICS INC (CTMX) stock?
The MACD indicator for CYTOMX THERAPEUTICS INC (CTMX) has a value of -0.0806876, indicating a bearish trend.
What is the short term momentum for CYTOMX THERAPEUTICS INC (CTMX) stock?
The short term momentum for CYTOMX THERAPEUTICS INC (CTMX) is negative.