EIKON THERAPEUTICS INC (EIKN) Technical Analysis
NASDAQ:EIKN • US2825641036
Current stock price
EIKN Technical Rating and Analysis
Taking everything into account, EIKN scores 1 out of 10 in our technical rating. In the last year, EIKN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than EIKN.
- EIKN is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 93% are performing better than EIKN.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month EIKN has a been trading in the 7.90 - 12.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EIKN Weekly and Daily overview Charts
EIKN Setup Rating and Analysis
The technical rating of EIKN is bad and it also does not present a quality setup 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.
More info and screens
EIKN Support and Resistance Analysis
9.58
We can see 2 important resistance areas.
- A resistance zone ranging from 9.69 to 9.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.84 from a trend line in the daily time frame.
EIKN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EIKN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIKN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | EIKN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIKN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIKN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.12 | NEUTRAL | The RSI value for EIKN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests EIKN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.82 | NEUTRAL | The Stochastics value for EIKN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for EIKN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.4 | NEUTRAL | The ADX value for EIKN suggests a possible start of a new trend. |
EIKN Chart- and CandleStick Pattern Analysis
EIKN Technicals: Chart, Performance Metrics, Trend & Indicators
9.68
+0.06 (+0.68%)
EIKON THERAPEUTICS INC / EIKN TA FAQ
What is the technical rating for EIKN stock?
ChartMill assigns a technical rating of 1 / 10 to EIKN.
What is the trend direction for EIKN stock?
The current trend direction for EIKON THERAPEUTICS INC (EIKN) is Bullish.
What is the RSI signal for EIKN stock?
EIKON THERAPEUTICS INC (EIKN) has an RSI value of 44.123. This indicates that the stock is currently neutral.
What is the buy/sell signal for EIKN stock?
The buy/sell signal for EIKON THERAPEUTICS INC (EIKN) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for EIKON THERAPEUTICS INC (EIKN) stock?
EIKON THERAPEUTICS INC (EIKN) has a resistance level at 9.69. Check the full technical report for our detailed analysis of EIKN support and resistance levels.