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Castor Maritime Inc.

CTRM Technical Analysis Summary (NASDAQ)

Analyze CTRM on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CTRM●NASDAQ
IndustrialsMarine Shipping
$2.27
$0.06(2.58%)
U.S. Market opens in 15h 40m

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 (NASDAQ)

Castor Maritime Inc. (NASDAQ: CTRM) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.52)
Trend Strength:Moderate (ADX: 26.61)
Volatility:High (ATR: 0.12)
Support/Resistance:$1.77 – $2.42 (Bollinger Bands)

Technical conditions suggest Castor Maritime Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Castor Maritime Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 64.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.01

Bearish
Overbought levels may trigger pullback.

Williams %R: -19.39

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 18.21

Strongly Bullish
Strong upside momentum.

Takeaway:Castor Maritime Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.08

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): 86.63

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
$2.42
Middle Band (SMA 20)
$2.10
Lower Band
$1.77
Current Position
Within Bands

Takeaway:Castor Maritime Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.39
Middle Line (EMA 20)
$2.16
Lower Channel
$1.93
Squeeze Status
No Squeeze

Takeaway:Castor Maritime Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume476.30K
Money Flow Index63.16Bullish, inflows support continued momentum.
Relative Vigor Index44.13Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CTRM shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Castor Maritime Inc. (NASDAQ: CTRM), 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.

Price trading above middle Bollinger Band → mid-term support intact.

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.

(NASDAQ: CTRM) Technical Analysis FAQ