CYTOSORBENTS CORP (CTSO)

US23283X2062 - Common Stock

0.88  +0.06 (+7.4%)

Technical Rating and Analysis

0

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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CTSO is a bad performer in the overall market: 94% of all stocks are doing better.
CTSO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 77% of 192 stocks in the same industry do better.
CTSO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CTSO is lagging the market.
In the last month CTSO has a been trading in the 0.78 - 1.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CTSO Weekly chart
CTSO Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, CTSO does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CTSO in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.78

1.76

When analyzing the support we notice one important area.

  • A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.01 from a horizontal line in the daily time frame.
  • Resistance @1.04 from a horizontal line in the daily time frame.
  • Resistance @1.74 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.48
Mansfield-5.93
10 Day High0.92
10 Day Low0.79
20 Day High1
20 Day Low0.78
52 Week High4.29
52 Week Low0.78
Performance
1 Week7.45%
2 Weeks9.73%
1 Month-12.87%
3 Month-13.73%
6 Month-38.03%
12 Month-68.35%
2 Year-54.4%
3 Year-89.12%
5 Year-86.05%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.92
LBB0.77
UBB0.87
CTSO Daily chart

CYTOSORBENTS CORP

NASDAQ:CTSO (5/3/2024, 4:20:01 PM)

0.88

+0.06 (+7.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg7.4%
1 Week7.45%
2 Weeks9.73%
1 Month-12.87%
3 Month-13.73%
6 Month-38.03%
12 Month-68.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%7.64%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.92
10 Day Low0.79
20 Day High1
20 Day Low0.78
52 Week High4.29
52 Week Low0.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume109.45K
Volume Incr18.08%
Vol(5)111.23K
Vol(50)99.20K