CONTINEUM THERAPEUTICS INC-A (CTNM) Stock Technical Analysis
NASDAQ:CTNM - Nasdaq - US21217B1008 - Common Stock - Currency: USD
Overall CTNM gets a technical rating of 1 out of 10. CTNM 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CTNM is a bad performer in the overall market: 97% of all stocks are doing better.
CTNM is one of the lesser performing stocks in the Pharmaceuticals industry. 79% of 195 stocks in the same industry do better.
CTNM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CTNM is lagging the market.
In the last month CTNM has a been trading in the 3.35 - 5.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTNM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CTNM 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
4.39
5.00
3 important resistance areas can be observed.
- A resistance zone ranging from 4.55 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.89 to 4.95. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CTNM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTNM is neutral. |
| ChartMill Relative Strength | 3.41 | NEGATIVE | CTNM has a low relative strength, it was outperformed by 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTNM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTNM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTNM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.5 | NEUTRAL | The RSI value for CTNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CTNM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.46 | NEUTRAL | The Stochastics value for CTNM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.74 | HIGH VOLATILITY | The high ATR as a percentage value for CTNM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for CTNM suggests a possible start of a new 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)
4.43
-0.2 (-4.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.32%
1 Week-6.74%
2 Weeks21.04%
1 Month12.44%
3 Month-33.58%
6 Month-68.42%
12 Month-72.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%10.74%
ATR Inc1.51%
Range Today0.44
ADR(20)0.47
ADR(20)%10.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.41
Mansfield-6.64
10 Day High5.02
10 Day Low3.75
20 Day High5.02
20 Day Low3.35
52 Week High22
52 Week Low3.35
CS1 EndN/A
CR1 Start4.55
Volume & EV
DER(3)9.07%
DER(5)6.52%
Volume145.10K
Volume Incr-13.36%
Vol(5)107.76K
Vol(50)106.07K