ALTAMIRA THERAPEUTICS LTD (CYTO) Stock Technical Analysis
NASDAQ:CYTO - Nasdaq - BMG0360L1349 - Common Stock - Currency: USD
Overall CYTO gets a technical rating of 0 out of 10. CYTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than CYTO.
CYTO is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 86% are performing better than CYTO.
CYTO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CYTO is lagging the market.
In the last month CYTO has a been trading in the 0.30 - 0.57 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.
The technical rating of CYTO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.30
0.53
When analyzing the resistance we notice 3 important areas.
- Resistance @0.42 from a trend line in the daily time frame.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.52 from a horizontal 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 CYTO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYTO is down. |
| ChartMill Relative Strength | 1.13 | NEGATIVE | CYTO has a low relative strength, it was outperformed by 98.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.22 | OVERSOLD | The low RSI value suggests CYTO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CYTO has a negative trend. |
| Stochastics (14,3) | 2.93 | OVERSOLD | The low Stochastics value suggests CYTO may be oversold. |
| Average True Range in percent/ATR (20) | 18.62 | HIGH VOLATILITY | The high ATR as a percentage value for CYTO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.86 | POSITIVE | The high ADX value value for CYTO 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)
0.3
-0.11 (-25.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-25.94%
1 Week-34.3%
2 Weeks-38.57%
1 Month-31.8%
3 Month-57.76%
6 Month-73.21%
12 Month-89.47%
2 Year-99.69%
3 Year-99.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%18.62%
ATR Inc35.04%
Range Today0.13
ADR(20)0.06
ADR(20)%18.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.13
Mansfield-8.08
10 Day High0.57
10 Day Low0.3
20 Day High0.57
20 Day Low0.3
52 Week High3.6
52 Week Low0.3
CS1 EndN/A
CR1 Start0.42
Volume & EV
DER(3)-13.13%
DER(5)-21.15%
Volume830.20K
Volume Incr-14.05%
Vol(5)207.34K
Vol(50)142.32K