Advertisement

Mobile Banner
Mobile Banner
Mobile Banner
Loading...

Castor Maritime Inc.

CTRMNASDAQ
Industrials
Marine Shipping
$2.22
$-0.12(-5.13%)
U.S. Market opens in 12h 41m

Castor Maritime Inc. (CTRM) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Castor Maritime Inc. (NASDAQ:CTRM).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CTRM Technical Analysis Summary

Castor Maritime Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.36)
Trend Strength:Moderate (ADX: 28.18)
Volatility:High (ATR: 0.12)
Support/Resistance:$2.00 – $2.49 (Bollinger Bands)

Technical conditions suggest Castor Maritime Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.36

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 60.07

Bullish
Buying momentum building without extremes.

Williams %R: -55.56

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.20

Bearish
Selling pressure outweighs buying.

Takeaway:Castor Maritime Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.18

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): 32.59

Bullish
Bullish, momentum building upward.

Takeaway:Castor Maritime Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.49
Middle Band (SMA 20)
$2.24
Lower Band
$2.00
Current Position
Within Bands

Takeaway:Castor Maritime Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.47
Middle Line (EMA 20)
$2.23
Lower Channel
$1.98
Squeeze Status
No Squeeze

Takeaway:Castor Maritime Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.40M
Money Flow Index57.94Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.07Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CTRM shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Castor Maritime Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Castor Maritime Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ