CTW CAYMAN-CL A (CTW) Technical Analysis
NASDAQ:CTW • KYG2589A1058
Current stock price
CTW Technical Rating and Analysis
Overall CTW gets a technical rating of 7 out of 10. Although CTW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, CTW is a bad performer in the overall market: 100% of all stocks are doing better.
- CTW is part of the Entertainment industry. There are 79 other stocks in this industry, of which 85% are performing better than CTW.
- The long and short term trends are both positive. This is looking good!
- In the last month CTW has a been trading in the 2.04 - 2.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTW Weekly and Daily overview Charts
CTW Setup Rating and Analysis
Besides having an excellent technical rating, CTW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CTW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CTW Support and Resistance Analysis
2.01
2 important support areas can be observed.
- A support zone ranging from 2.26 to 2.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.03 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.43 from a trend line in the daily time frame.
CTW 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 | UP | POSITIVE | The long term trend for CTW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CTW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.27 | NEUTRAL | The RSI value for CTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.86 | NEUTRAL | The Stochastics value for CTW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.1 | HIGH VOLATILITY | The high ATR as a percentage value for CTW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.43 | POSITIVE | The high ADX value value for CTW suggests a strong trend. |
CTW Chart- and CandleStick Pattern Analysis
CTW Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.39 | 2.25 | 0.14 (5.86%) | 17.07% |
| An entry @2.39. This is a Buy Stop order right above the resistance zone. | An exit @2.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 5.86%. | When investing 17.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CTW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CTW Technicals: Chart, Performance Metrics, Trend & Indicators
2.34
+0.04 (+1.74%)
CTW CAYMAN-CL A / CTW TA FAQ
What is the ChartMill technical rating of CTW CAYMAN-CL A (CTW) stock?
ChartMill assigns a technical rating of 7 / 10 to CTW.
Can you provide the trend direction for CTW CAYMAN-CL A?
The current trend direction for CTW CAYMAN-CL A (CTW) is Bullish.
What is the RSI signal for CTW CAYMAN-CL A (CTW) stock?
CTW CAYMAN-CL A (CTW) has an RSI value of 56.2684. This indicates that the stock is currently neutral.
What is the short term momentum for CTW CAYMAN-CL A (CTW) stock?
The short term momentum for CTW CAYMAN-CL A (CTW) is positive.
What is the buy/sell signal for CTW CAYMAN-CL A (CTW) stock?
The buy/sell signal for CTW CAYMAN-CL A (CTW) is buy as both the short term and long term trends are positive.