CITIUS ONCOLOGY INC (CTOR) Stock Technical Analysis
NASDAQ:CTOR - Nasdaq - US17331Y1091 - Common Stock - Currency: USD
Taking everything into account, CTOR scores 5 out of 10 in our technical rating. CTOR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CTOR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CTOR has a been trading in the 1.47 - 2.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CTOR is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 551 stocks in the same industry.
CTOR has an average volume of 2391550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CTOR did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CTOR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.47
1.71
When analyzing the support we can see 2 important areas.
- Support @1.53 from a horizontal line in the weekly time frame.
- Support @1.48 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for CTOR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTOR is down. |
| ChartMill Relative Strength | 88.95 | POSITIVE | CTOR has a high relative strength, it outperformed 88.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTOR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTOR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.83 | NEUTRAL | The RSI value for CTOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CTOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.2 | OVERSOLD | The low Stochastics value suggests CTOR may be oversold. |
| Average True Range in percent/ATR (20) | 15.67 | HIGH VOLATILITY | The high ATR as a percentage value for CTOR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for CTOR 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)
1.69
-0.03 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.74%
1 Week-6.63%
2 Weeks-17.96%
1 Month10.46%
3 Month86.97%
6 Month35.2%
12 Month-15.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%15.67%
ATR Inc-24.09%
Range Today0.1
ADR(20)0.26
ADR(20)%15.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.95
Mansfield1.18
10 Day High2.12
10 Day Low1.62
20 Day High2.84
20 Day Low1.47
52 Week High6.19
52 Week Low0.55
CS1 End1.53
CR1 StartN/A
Volume & EV
DER(3)-14.81%
DER(5)-13.08%
Volume60.60K
Volume Incr-93.46%
Vol(5)163.48K
Vol(50)2.39M