CITIUS PHARMACEUTICALS INC (CTXR) Stock Technical Analysis
NASDAQ:CTXR - Nasdaq - US17322U3068 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CTXR. In the past year, CTXR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than CTXR.
CTXR is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 64% are performing better than CTXR.
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.
CTXR has an average volume of 3172370 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.
In the last month CTXR has a been trading in the 0.83 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CTXR has an average technical rating and the quality of the presented setup is also not ideal 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
1.48
2.07
We found 1 important support area.
- Support @1.49 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.65 from a trend line in the daily time frame.
- Resistance @2.05 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 | 12.47 | NEGATIVE | CTXR has a low relative strength, it was outperformed by 87.53% 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) | UP | POSITIVE | The current price of CTXR is above 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) | 54.2 | NEUTRAL | The RSI value for CTXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CTXR has a negative trend. |
| Stochastics (14,3) | 27.72 | NEUTRAL | The Stochastics value for CTXR is a neutral value. |
| Average True Range in percent/ATR (20) | 17.13 | HIGH VOLATILITY | The high ATR as a percentage value for CTXR suggests high volalility. |
| Average Directional Index/ADX (14) | 51.35 | 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)
1.595
+0.1 (+7.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.05%
1 Week-2.15%
2 Weeks-24.05%
1 Month87.65%
3 Month64.77%
6 Month-51.67%
12 Month-91.94%
2 Year-93.55%
3 Year-92.86%
5 Year-95.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%17.13%
ATR Inc-29.96%
Range Today0.14
ADR(20)0.27
ADR(20)%16.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.47
Mansfield-7.47
10 Day High2.48
10 Day Low1.42
20 Day High2.48
20 Day Low0.83
52 Week High26.25
52 Week Low0.65
CS1 End1.49
CR1 Start1.65
Volume & EV
DER(3)-1.13%
DER(5)0.73%
Volume484.70K
Volume Incr-44.27%
Vol(5)1.15M
Vol(50)3.17M