Castor Maritime Price Chart Trends and Technical Patterns

CTRM -  USA Stock  

USD 1.93  0.09  4.46%

This module allows you to plot Castor Maritime against other equities to check for different price appreciation patterns. Castor Maritime can be compared to up to 10 different equities over a specified time horizon. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Castor Maritime. To filter out specific equities, please toggle its corresponding legend item. Continue to Trending Equities.
  
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As an investor, you can analyze the fundamental pricing momentum and return patterns of Castor Maritime using the variety of Macroaxis charts. Price and return charts with technical indicators help investors not only visualize the movement but also find long-term investing opportunities.
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Castor Maritime Stock Momentum Indicator Charts

Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Castor chart patterns provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular stock such as Castor Maritime can be considered to be 'the market' for Castor Maritime stock. The emotional state of those investors is what determines the price for Castor Maritime. If more investors feel that Castor Maritime Stock will rise, it most likely will increase; and if more investors feel that the Castor price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that stock, and thus, technical analysis is, at its core, a study of crowd behavior. Macroaxis various charting interfaces help investors to find opportunities and time the market. Castor Maritime price plot provides a helpful view on the trending direction of the price but hides some likely useful information from an investor. The Castor Maritime's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.
Please note that Castor Maritime's momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of Castor Maritime chart itself and comparing it to the benchmark or its competition. If Castor Maritime's price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

Castor Maritime Stock Peer indicators

Technical peer comparison is one of the most widely used and accepted methods of stock analyses among chartists. It analyses Castor Maritime's direct or indirect competition against its essential technical indicators to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Castor Maritime could also be used in its relative valuation, which is a method of valuing Castor Maritime by comparing different technical metrics with those of similar companies.

Castor Maritime Predictive Pattern Charts

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The function did not return any valid pattern recognition events for the selected time horizon. The Mat Hold pattern describes Castor Maritime bullish continuation trend.
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Castor Maritime Important Indicators

While there is no single technical or fundamental indicator that will always help you time the market, it is essential to watch out for some raw signals communicated by Castor Maritime price movement. Investors usually use a small combination of different predictive indicators, such as period averages, to develop specific strategies before taking a position in Castor Maritime.

Castor Maritime Trend Drivers

Castor Maritime Basic Value Drivers

Average Daily Volume Last 10 Day1.69M
Average Daily Volume In Three Month2.3M
Enterprise Value To Ebitda5.80
Fifty Day Average1.8896
Two Hundred Day Average1.9305
Continue to Trending Equities. Note that the Castor Maritime information on this page should be used as a complementary analysis to other Castor Maritime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Castor Maritime price analysis, check to measure Castor Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Castor Maritime is operating at the current time. Most of Castor Maritime's value examination focuses on studying past and present price action to predict the probability of Castor Maritime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Castor Maritime's price. Additionally, you may evaluate how the addition of Castor Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Castor Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Castor Maritime. If investors know Castor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Castor Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine Castor Maritime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.