VIKING THERAPEUTICS INC (VKTX)

US92686J1060 - Common Stock

62.26  +0.48 (+0.78%)

After market: 62.2 -0.06 (-0.1%)

Technical Rating and Analysis

5

Taking everything into account, VKTX scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

VKTX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
VKTX is part of the Biotechnology industry. There are 581 other stocks in this industry. VKTX outperforms 93% of them.
VKTX has an average volume of 3333050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that VKTX is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by VKTX over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
VKTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VKTX is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VKTX Weekly chart
VKTX Daily chart
Setup Rating and Analysis

5

VKTX has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

60.94

79.42

When analyzing the support we notice one important area.

  • A support zone ranging from 61.56 to 62.25. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @65.36 from a horizontal line in the daily time frame.
  • Resistance @75.91 from a trend line in the daily time frame.
  • Resistance @78.63 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.23
Mansfield8.33
10 Day High71.09
10 Day Low60.68
20 Day High81.86
20 Day Low60.68
52 Week High99.41
52 Week Low8.28
Performance
1 Week1.12%
2 Weeks-9.85%
1 Month-17.82%
3 Month-26.94%
6 Month378.56%
12 Month179.44%
2 Year2704.5%
3 Year1088.17%
5 Year709.62%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1
RSI(14)39.48
LBB57.03
UBB76
VKTX Daily chart

VIKING THERAPEUTICS INC

NASDAQ:VKTX (5/31/2024, 7:12:22 PM)

After market: 62.2 -0.06 (-0.1%)

62.26

+0.48 (+0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.78%
1 Week1.12%
2 Weeks-9.85%
1 Month-17.82%
3 Month-26.94%
6 Month378.56%
12 Month179.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4
ATR(20)%6.89%
ATR Inc
Range Today1.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.09
10 Day Low60.68
20 Day High81.86
20 Day Low60.68
52 Week High99.41
52 Week Low8.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.22M
Volume Incr-36.96%
Vol(5)2.13M
Vol(50)3.33M