ALTAMIRA THERAPEUTICS LTD (CYTO) Technical Analysis
NASDAQ:CYTO • BMG0360L1349
Current stock price
CYTO Technical Rating and Analysis
Taking everything into account, CYTO scores 0 out of 10 in our technical rating. CYTO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CYTO is a bad performer in the overall market: 99% of all stocks are doing better.
- CYTO is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 192 stocks in the same industry do better.
- CYTO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- 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.
CYTO Weekly and Daily overview Charts
CYTO Setup Rating and Analysis
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
CYTO Support and Resistance Analysis
0.30
3 important resistance areas can be observed.
- 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.
CYTO 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 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. |
CYTO Chart- and CandleStick Pattern Analysis
CYTO Technicals: Chart, Performance Metrics, Trend & Indicators
0.3
-0.11 (-25.94%)
ALTAMIRA THERAPEUTICS LTD / CYTO TA FAQ
What is the technical rating for CYTO stock?
ChartMill assigns a technical rating of 0 / 10 to CYTO.
Can you provide the trend direction for ALTAMIRA THERAPEUTICS LTD?
The current trend direction for ALTAMIRA THERAPEUTICS LTD (CYTO) is Bearish.
Can you provide the RSI signal for ALTAMIRA THERAPEUTICS LTD?
ALTAMIRA THERAPEUTICS LTD (CYTO) has an RSI value of 26.2171. This indicates that the stock is currently oversold.
What is the MACD signal for CYTO stock?
The MACD indicator for ALTAMIRA THERAPEUTICS LTD (CYTO) has a value of -0.00906959, indicating a bearish trend.
What is the short term momentum for CYTO stock?
The short term momentum for ALTAMIRA THERAPEUTICS LTD (CYTO) is negative.