Buy It or Sell It? CTI BioPharma Corp (NASDAQ:CTIC) Extends Rally

CTI BioPharma Corp (NASDAQ:CTIC) continues to see upward momentum and is trading higher in the opening session on Wednesday.

Market Action

In the opening session, CTIC stock is up by 1% at $2.43. The stock has traded 125K shares compared to its average volume of 1.08 million shares.  The stock opened at $2.43 and moved in a range of $ 2.4200 – 2.4700.

Major Trigger:

CTI BioPharma to Present at the JMP Securities Life Sciences Conference on Wednesday, June 16

Key Highlights:

  • announced that management will provide a corporate overview at the JMP Securities Life Sciences Conference at 2:30 p.m. ET. The conference will be held in a virtual meeting format.
  • JMP Securities Life Sciences Conference, Date: Wednesday, June 16, 2021, Time: 2:30 p.m. ET

Technical Indicators

SymbolValueResultSymbolValueResult
ADX11.1290NeutralATR140.1405
CCI2080.6548BuyChaikin Money Flow-0.2630Sell
MACD-0.0231SellMoney Flow Index55.2870Buy
ROC4.7826BuyRSI52.0395Buy
STOCH (14,3)51.2821SellSTOCH RSI0.5018Neutral
UO40.2418SellWilliams %R-48.7179Neutral

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