CITIUS PHARMACEUTICALS INC (CTXR) Stock Technical Analysis
NASDAQ:CTXR - Nasdaq - US17322U3068 - Common Stock - Currency: USD
Taking everything into account, CTXR scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CTXR was also a bad performer in the overall market in the last year.
99% of all other stocks performed better in the past year than CTXR.
CTXR is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 86% are performing better than CTXR.
CTXR 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 CTXR is lagging the market.
In the last month CTXR has a been trading in the 0.67 - 2.38 range, which is quite wide. It is currently trading near the lows of this range.
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.
CTXR has an average volume of 2486210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CTXR has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.82
1.23
We found 1 important support area.
- Support @0.83 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.22 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 | UP | POSITIVE | The short term trend for CTXR is up. |
| ChartMill Relative Strength | 1.66 | NEGATIVE | CTXR has a low relative strength, it was outperformed by 98.34% 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 | MIXED | The current price of CTXR is above 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) | 55.65 | NEUTRAL | The RSI value for CTXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CTXR has a positive trend. |
| Stochastics (14,3) | 18.51 | OVERSOLD | The low Stochastics value suggests CTXR may be oversold. |
| Average True Range in percent/ATR (20) | 20.37 | HIGH VOLATILITY | The high ATR as a percentage value for CTXR suggests high volalility. |
| Average Directional Index/ADX (14) | 41.46 | POSITIVE | The high ADX value value for CTXR suggests a strong trend. |
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)
1.03
-0.05 (-4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.63%
1 Week17.77%
2 Weeks21.03%
1 Month42.27%
3 Month-33.55%
6 Month-72.01%
12 Month-92.94%
2 Year-96.57%
3 Year-95.52%
5 Year-96.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%20.37%
ATR Inc32.64%
Range Today0.28
ADR(20)0.19
ADR(20)%18.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.66
Mansfield-8.53
10 Day High2.38
10 Day Low0.76
20 Day High2.38
20 Day Low0.67
52 Week High26.25
52 Week Low0.65
CS1 End0.83
CR1 Start1.09
Volume & EV
DER(3)-2.49%
DER(5)-3.34%
Volume1.64M
Volume Incr-77.83%
Vol(5)1.27M
Vol(50)2.49M