CYTOMX THERAPEUTICS INC (CTMX) Stock Technical Analysis
NASDAQ:CTMX • US23284F1057
Overall CTMX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTMX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CTMX is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by CTMX over the past year are nicely spread over this period.
- CTMX is part of the Biotechnology industry. There are 523 other stocks in this industry. CTMX outperforms 98% of them.
- 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 3161320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CTMX has a been trading in the 4.25 - 6.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CTMX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CTMX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.38
We found 3 important support areas.
- A support zone ranging from 5.23 to 5.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.68 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.42 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.61 to 5.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 CTMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTMX is up. |
| ChartMill Relative Strength | 99.57 | POSITIVE | CTMX has a high relative strength, it outperformed 99.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTMX is below the rising 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) | 50.94 | NEUTRAL | The RSI value for CTMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CTMX has a negative trend. |
| Stochastics (14,3) | 22.6 | NEUTRAL | The Stochastics value for CTMX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.11 | HIGH VOLATILITY | The high ATR as a percentage value for CTMX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.72 | POSITIVE | The high ADX value value for CTMX suggests a strong trend. |
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 |
|---|---|---|---|
| 5.64 | 5.22 | 0.42 (7.41%) | 13.49% |
| An entry @5.64. This is a Buy Stop order right above the 10 day moving average. | An exit @5.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 7.41%. | For a 1.00% total portfolio risk, you can invest 13.49% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CTMX. Please evaluate whether better entry and exit points can be found.
- 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.
5.32
-0.11 (-2.03%)
CYTOMX THERAPEUTICS INC / CTMX FAQ
What is the technical rating for CTMX stock?
ChartMill assigns a technical rating of 10 / 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 50.9402. 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 -0.0918642, 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 positive.