CASTOR MARITIME INC (CTRM) Technical Analysis
NASDAQ:CTRM • MHY1146L2082
Current stock price
CTRM Technical Rating and Analysis
Overall CTRM gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CTRM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, CTRM is a bad performer in the overall market: 80% of all stocks are doing better.
- CTRM is one of the lesser performing stocks in the Marine Transportation industry. 76% of 35 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CTRM has a been trading in the 1.68 - 2.19 range, which is quite wide. It is currently trading near the high of this range.
- CTRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTRM is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CTRM Weekly and Daily overview Charts
CTRM Setup Rating and Analysis
CTRM has a poor technical rating and the quality of the setup is also not perfect 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
CTRM Support and Resistance Analysis
1.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.05 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.97 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.80 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.11 to 2.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.29 from a trend line in the weekly time frame.
- Resistance @2.36 from a horizontal line in the weekly time frame.
CTRM Technical Indicator Signal Analysis
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 CTRM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRM is up. |
| ChartMill Relative Strength | 20.44 | NEGATIVE | CTRM has a low relative strength, it was outperformed by 79.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTRM is above a declining 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) | 60.47 | NEUTRAL | The RSI value for CTRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CTRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.08 | NEUTRAL | The Stochastics value for CTRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for CTRM suggests a possible start of a new trend. |
CTRM Chart- and CandleStick Pattern Analysis
CTRM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CTRM (5/1/2026, 8:19:30 PM)
2.07
+0.01 (+0.49%)
CASTOR MARITIME INC / CTRM TA FAQ
Can you provide the ChartMill technical rating for CASTOR MARITIME INC?
ChartMill assigns a technical rating of 3 / 10 to CTRM.
What is the trend direction for CTRM stock?
The current trend direction for CASTOR MARITIME INC (CTRM) is Bearish.
What is the RSI signal for CASTOR MARITIME INC (CTRM) stock?
CASTOR MARITIME INC (CTRM) has an RSI value of 60.4732. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CASTOR MARITIME INC?
The short term momentum for CASTOR MARITIME INC (CTRM) is positive.