Question 1

What implications does the 10-day RSI indicator have for CPRX?

Accepted Answer

The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

What does the Stochastic Oscillator suggest about CPRX's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did CPRX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 08, 2024. You may want to consider a long position or call options on CPRX as a result. In 74 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for CPRX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CPRX just turned positive on August 09, 2024. Looking at past instances where CPRX's MACD turned positive, the stock continued to rise in 35 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for CPRX?

Accepted Answer

CPRX moved above its 50-day moving average on August 06, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for CPRX?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CPRX advanced for three days, in 235 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Question 7

What does a 3-day decline signify for CPRX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CPRX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does CPRX breaking above its upper Bollinger Band indicate?

Accepted Answer

CPRX broke above its upper Bollinger Band on August 12, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 9

How does the Aroon Indicator reflect on CPRX's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 203 of 246 cases where CPRX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CPRX Stock Catalyst Pharmaceuticals (CPRX, $16.57) entered Uptrend as Momentum indicator ascends above 0 level on May 28, 2024

CPRX in +5.46% Uptrend, advancing for three consecutive days on August 12, 2024

General Information