Buy It or Sell It? Castor Maritime Inc (NASDAQ:CTRM)

Castor Maritime Inc (NASDAQ:CTRM) is moving higher in the pre-market session on Tuesday after slipping earlier. The stock has fall 25% over the past month.

Major Trigger:

Castor Maritime Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement

Key Highlights:

  • announces that it received a written confirmation from the Nasdaq Stock Market on June 14 2021, that the Company is in full compliance with Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company’s stock, and the matter is now closed.

Market Reaction

As of 8:41, CTRM stock jumped 1.20% to $3.38. So far the stock has traded 111K shares traded hands.

Technical Indicators

SymbolValueResultSymbolValueResult
ADX31.5036BuyATR140.2861
CCI20-51.0152SellChaikin Money Flow-0.2789Sell
MACD0.7815BuyMoney Flow Index48.6976Sell
ROC-10.0942SellRSI76.5251OverBought
STOCH (14,3)27.1186SellSTOCH RSI0.0000OverSold
UO36.4852SellWilliams %R-72.8814Neutral

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic3.05333.18673.26333.39673.47333.60673.6833
Fibonacci3.18673.26693.31643.39673.47693.52643.6067

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