MINK THERAPEUTICS INC (INKT) Stock Technical Analysis
NASDAQ:INKT - US6036932019 - Common Stock
14.8 USD
+1.05 (+7.64%)
14.73 USD
-0.07 (-0.47%)
Overall INKT gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INKT is showing a nice and steady performance.
INKT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
INKT is part of the Biotechnology industry. There are 542 other stocks in this industry. INKT outperforms 92% of them.
In the last month INKT has a been trading in the 11.60 - 18.17 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
INKT has an average volume of 1251440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that INKT is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
INKT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for INKT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.85
16.15
When analyzing the support we can see 4 important areas.
- Support @13.74 from a horizontal line in the daily time frame.
- Support @7.85 from a trend line in the daily time frame.
- Support @7.62 from a trend line in the weekly time frame.
- A support zone ranging from 6.92 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.92 to 15.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.94 to 15.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for INKT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INKT is neutral. |
| ChartMill Relative Strength | 96.17 | POSITIVE | INKT has a high relative strength, it outperformed 96.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INKT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INKT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INKT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.71 | NEUTRAL | The RSI value for INKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests INKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.26 | NEUTRAL | The Stochastics value for INKT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.12 | HIGH VOLATILITY | The high ATR as a percentage value for INKT suggests high volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for INKT suggests a strong 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)
14.8
+1.05 (+7.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.64%
1 Week-0.13%
2 Weeks-1%
1 Month16.9%
3 Month104%
6 Month80.49%
12 Month87.75%
2 Year34.55%
3 Year-29.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%11.12%
ATR Inc4.34%
Range Today1.86
ADR(20)1.57
ADR(20)%10.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.17
Mansfield3.66
10 Day High16.3
10 Day Low13.11
20 Day High18.17
20 Day Low11.6
52 Week High76
52 Week Low4.56
CS1 End13.74
CR1 Start14.92
Volume & EV
DER(3)12.12%
DER(5)6.33%
Volume51.60K
Volume Incr-56.89%
Vol(5)53.46K
Vol(50)1.25M