CYTOSORBENTS CORP (CTSO) Technical Analysis
NASDAQ:CTSO • US23283X2062
Current stock price
CTSO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CTSO. CTSO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CTSO is a bad performer in the overall market: 90% of all stocks are doing better.
- CTSO is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 64% are performing better than CTSO.
- CTSO 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 CTSO has a been trading in the 0.50 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTSO Weekly and Daily overview Charts
CTSO Setup Rating and Analysis
CTSO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
CTSO Support and Resistance Analysis
0.58
5 important resistance areas can be observed.
- Resistance @0.60 from a trend line in the daily time frame.
- A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.63 from a horizontal line in the daily time frame.
- Resistance @0.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTSO 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 | DOWN | NEGATIVE | The long term trend for CTSO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTSO is down. |
| ChartMill Relative Strength | 10.35 | NEGATIVE | CTSO has a low relative strength, it was outperformed by 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTSO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTSO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTSO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.59 | NEUTRAL | The RSI value for CTSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CTSO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.19 | NEUTRAL | The Stochastics value for CTSO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.18 | HIGH VOLATILITY | The high ATR as a percentage value for CTSO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.87 | NEUTRAL | The ADX value for CTSO suggests a possible start of a new trend. |
CTSO Chart- and CandleStick Pattern Analysis
CTSO Technicals: Chart, Performance Metrics, Trend & Indicators
0.5851
-0.02 (-4.08%)
CYTOSORBENTS CORP / CTSO TA FAQ
What is the technical rating for CTSO stock?
ChartMill assigns a technical rating of 0 / 10 to CTSO.
What is the current trend direction of CYTOSORBENTS CORP (CTSO) stock?
The current trend direction for CYTOSORBENTS CORP (CTSO) is Bearish.
Can you provide the RSI signal for CYTOSORBENTS CORP?
CYTOSORBENTS CORP (CTSO) has an RSI value of 40.5858. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CYTOSORBENTS CORP?
The MACD indicator for CYTOSORBENTS CORP (CTSO) has a value of 0.000829261, indicating a bearish trend.
What is the short term momentum for CYTOSORBENTS CORP (CTSO) stock?
The short term momentum for CYTOSORBENTS CORP (CTSO) is negative.