MINK THERAPEUTICS INC (INKT) Stock Technical Analysis
NASDAQ:INKT - Nasdaq - US6036932019 - Common Stock - Currency: USD
Taking everything into account, INKT scores 0 out of 10 in our technical rating. INKT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, INKT is a bad performer in the overall market: 86% of all stocks are doing better.
INKT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INKT is lagging the market.
Warning: INKT has an average volume of 6002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
INKT is part of the Biotechnology industry. There are 561 other stocks in this industry, INKT did better than 54% of them.
In the last month INKT has a been trading in the 6.34 - 8.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INKT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.02, a Stop Loss order could be placed below this zone.
More info and screens
6.85
11.31
We found 1 important support area.
- A support zone ranging from 6.92 to 7.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @7.16 from a trend line in the daily time frame.
- Resistance @7.71 from a horizontal line in the daily time frame.
- Resistance @9.69 from a trend line in the weekly time frame.
- Resistance @11.20 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for INKT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INKT is neutral. |
| ChartMill Relative Strength | 14.78 | NEGATIVE | INKT has a low relative strength, it was outperformed by 85.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INKT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.42 | NEUTRAL | The RSI value for INKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests INKT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.71 | NEUTRAL | The Stochastics value for INKT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for INKT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for INKT suggests a weak or negative trend. |
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)
7.1
-0.6 (-7.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.79%
1 Week-1.11%
2 Weeks2.59%
1 Month-5.33%
3 Month-29.7%
6 Month4.41%
12 Month-26.05%
2 Year-59.66%
3 Year-54.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%8.92%
ATR Inc19.4%
Range Today1
ADR(20)0.6
ADR(20)%8.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.78
Mansfield-1.52
10 Day High8.04
10 Day Low6.34
20 Day High8.04
20 Day Low6.34
52 Week High13.79
52 Week Low4.56
CS1 End7.02
CR1 Start7.16
Volume & EV
DER(3)-7.61%
DER(5)0.4%
Volume9.20K
Volume Incr17.37%
Vol(5)5.00K
Vol(50)6.00K