NASDAQ:CTNM - Nasdaq - US21217B1008 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CTNM. In the past year, CTNM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CTNM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.75
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | UP | POSITIVE | The short term trend for CTNM is up. |
ChartMill Relative Strength | 6.76 | NEGATIVE | CTNM has a low relative strength, it was outperformed by 93.24% 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) | UP | POSITIVE | The current price of CTNM is above the rising 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) | 62.24 | NEUTRAL | The RSI value for CTNM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CTNM has a positive trend. |
Stochastics (14,3) | 86.65 | OVERBOUGHT | The high Stochastics value suggests CTNM may be overbought. |
Average True Range in percent/ATR (20) | 8.47 | HIGH VOLATILITY | The high ATR as a percentage value for CTNM suggests high volalility. |
Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for CTNM suggests a weak or negative trend. |
5.18
-0.47 (-8.32%)