CITIUS PHARMACEUTICALS INC (CTXR) Technical Analysis
NASDAQ:CTXR • US17322U3068
Current stock price
CTXR Technical Rating and Analysis
Taking everything into account, CTXR scores 1 out of 10 in our technical rating. CTXR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CTXR is a bad performer in the overall market: 79% of all stocks are doing better.
- CTXR 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.
- In the last month CTXR has a been trading in the 0.57 - 1.03 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- CTXR is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, CTXR did better than 43% of them.
CTXR Weekly and Daily overview Charts
CTXR Setup Rating and Analysis
The technical rating of CTXR 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
CTXR Support and Resistance Analysis
0.69
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a trend line in the daily time frame.
- Resistance @0.95 from a horizontal line in the daily time frame.
- Resistance @0.98 from a horizontal line in the daily time frame.
- Resistance @1.16 from a trend line in the weekly time frame.
CTXR 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 CTXR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTXR is down. |
| ChartMill Relative Strength | 21.85 | NEGATIVE | CTXR has a low relative strength, it was outperformed by 78.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTXR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTXR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTXR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.5 | NEUTRAL | The RSI value for CTXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CTXR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.37 | NEUTRAL | The Stochastics value for CTXR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.03 | HIGH VOLATILITY | The high ATR as a percentage value for CTXR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for CTXR suggests a weak or negative trend. |
CTXR Chart- and CandleStick Pattern Analysis
CTXR Technicals: Chart, Performance Metrics, Trend & Indicators
0.7
+0 (+0.57%)
CITIUS PHARMACEUTICALS INC / CTXR TA FAQ
What is the technical rating for CTXR stock?
ChartMill assigns a technical rating of 1 / 10 to CTXR.
What is the current trend direction of CITIUS PHARMACEUTICALS INC (CTXR) stock?
The current trend direction for CITIUS PHARMACEUTICALS INC (CTXR) is Bearish.
What is the RSI signal for CTXR stock?
CITIUS PHARMACEUTICALS INC (CTXR) has an RSI value of 43.4977. This indicates that the stock is currently neutral.
What is the MACD signal for CITIUS PHARMACEUTICALS INC (CTXR) stock?
The MACD indicator for CITIUS PHARMACEUTICALS INC (CTXR) has a value of -0.0208119, indicating a bearish trend.
What are the support and resistance levels for CITIUS PHARMACEUTICALS INC (CTXR) stock?
CITIUS PHARMACEUTICALS INC (CTXR) has a resistance level at 0.8. Check the full technical report for our detailed analysis of CTXR support and resistance levels.