CASTOR MARITIME INC (CTRM) Stock Technical Analysis
NASDAQ:CTRM - Nasdaq - MHY1146L2082 - Common Stock - Currency: USD
Overall CTRM gets a technical rating of 1 out of 10. CTRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than CTRM.
CTRM is part of the Marine Transportation industry. There are 36 other stocks in this industry, of which 65% are performing better than CTRM.
CTRM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CTRM has a been trading in the 2.12 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of CTRM is bad and it also does not present a 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
2.03
3.28
We found 2 important support areas.
- A support zone ranging from 2.12 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.05 to 2.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.27 to 2.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.39 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.25 from a trend line in the weekly 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 CTRM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTRM is down. |
| ChartMill Relative Strength | 6.02 | NEGATIVE | CTRM has a low relative strength, it was outperformed by 93.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTRM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.75 | NEUTRAL | The RSI value for CTRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CTRM has a negative trend. |
| Stochastics (14,3) | 10.01 | OVERSOLD | The low Stochastics value suggests CTRM may be oversold. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for CTRM suggests a weak or negative 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)
NASDAQ:CTRM (8/5/2025, 11:59:13 AM)
2.15
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0%
1 Week-5.28%
2 Weeks-8.89%
1 Month-1.37%
3 Month-6.11%
6 Month-19.47%
12 Month-56.91%
2 Year-47.56%
3 Year-84.19%
5 Year-87.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%3.58%
ATR Inc-33.13%
Range Today0.02
ADR(20)0.08
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.02
Mansfield-3.33
10 Day High2.44
10 Day Low2.12
20 Day High2.44
20 Day Low2.12
52 Week High5.25
52 Week Low1.98
CS1 End2.12
CR1 Start2.27
Volume & EV
DER(3)5.04%
DER(5)1.77%
Volume16.45K
Volume Incr-1.92%
Vol(5)34.26K
Vol(50)54.33K