CITIUS PHARMACEUTICALS INC (CTXR) Technical Analysis
NASDAQ:CTXR • US17322U3068
We assign a technical rating of 1 out of 10 to CTXR. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CTXR is a bad performer in the overall market: 94% of all stocks are doing better.
- CTXR is one of the lesser performing stocks in the Pharmaceuticals industry. 73% of 193 stocks in the same industry do 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month CTXR has a been trading in the 0.65 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTXR has a poor technical rating and the quality of the setup is also only medium 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
0.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.68 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.82 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.91 from a horizontal line in the daily time frame.
- Resistance @1.36 from a trend line in the weekly time frame.
- Resistance @1.39 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 CTXR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTXR is neutral. |
| ChartMill Relative Strength | 6.73 | NEGATIVE | CTXR has a low relative strength, it was outperformed by 93.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTXR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CTXR is below a declining 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) | 54.42 | NEUTRAL | The RSI value for CTXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTXR has a positive trend. |
| Stochastics (14,3) | 37.21 | NEUTRAL | The Stochastics value for CTXR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for CTXR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for CTXR suggests a weak or negative trend. |
CTXR Technicals: Chart, Performance Metrics, Trend & Indicators
0.8164
+0.08 (+10.34%)
CITIUS PHARMACEUTICALS INC / CTXR 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 CITIUS PHARMACEUTICALS INC (CTXR) stock?
CITIUS PHARMACEUTICALS INC (CTXR) has an RSI value of 54.4218. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CITIUS PHARMACEUTICALS INC?
The MACD indicator for CITIUS PHARMACEUTICALS INC (CTXR) has a value of 0.0114632, indicating a bearish trend.
What is the short term momentum for CITIUS PHARMACEUTICALS INC (CTXR) stock?
The short term momentum for CITIUS PHARMACEUTICALS INC (CTXR) is neutral.