Canntrust Holdings Inc (CTST) Stock Technical Analysis
USA - NYSE:CTST -
0.638
-0.06 (-9.12%)
0.64
+0 (+0.31%)
Overall CTST gets a technical rating of 0 out of 10. CTST 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, CTST is a bad performer in the overall market: 94% of all stocks are doing better.
CTST 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CTST has an average volume of 1599300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CTST has a been trading in the 0.38 - 0.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CTST 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
0.63
1.10
When analyzing the resistance we notice 3 important areas.
- Resistance @0.71 from a horizontal line in the weekly time frame.
- Resistance @1.03 from a trend line in the daily time frame.
- Resistance @1.09 from a trend 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 | DOWN | NEGATIVE | The long term trend for CTST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTST is neutral. |
| ChartMill Relative Strength | 6.11 | NEGATIVE | CTST has a low relative strength, it was outperformed by 93.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.07 | NEUTRAL | The RSI value for CTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CTST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.08 | NEUTRAL | The Stochastics value for CTST is a neutral value. |
| Average True Range in percent/ATR (20) | 12.25 | HIGH VOLATILITY | The high ATR as a percentage value for CTST suggests high volalility. |
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)
0.638
-0.06 (-9.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.12%
1 Week30.23%
2 Weeks46.2%
1 Month-4.76%
3 Month-41.47%
6 Month-41.47%
12 Month-91.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.25%
ATR Inc2.78%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.11
3 months CRSN/A
6 months CRSN/A
Mansfield-7.02
10 Day High0.87
10 Day Low0.38
20 Day High0.87
20 Day Low0.38
52 Week High7.79
52 Week Low0.38
CS1 EndN/A
CR1 Start0.71
Volume & EV
DER(3)-8.1%
DER(5)-3.47%
Volume1.18M
Volume Incr66.64%
Vol(5)2.69M
Vol(50)1.60M
Canntrust Holdings Inc / CTST FAQ
What is the technical rating for CTST stock?
ChartMill assigns a technical rating of 0 / 10 to CTST.
What is the current trend direction of Canntrust Holdings Inc (CTST) stock?
The current trend direction for Canntrust Holdings Inc (CTST) is Bearish.
What is the RSI signal for Canntrust Holdings Inc (CTST) stock?
Canntrust Holdings Inc (CTST) has an RSI value of 51.0657. This indicates that the stock is currently neutral.
What is the short term momentum for CTST stock?
The short term momentum for Canntrust Holdings Inc (CTST) is neutral.