MINK THERAPEUTICS INC (INKT) Technical Analysis
NASDAQ:INKT • US6036932019
Current stock price
INKT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to INKT. INKT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than INKT.
- INKT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INKT is lagging the market.
- INKT 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.
- INKT is part of the Biotechnology industry. There are 517 other stocks in this industry, INKT did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
INKT Weekly and Daily overview Charts
INKT Setup Rating and Analysis
INKT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
INKT Support and Resistance Analysis
9.02
We found 1 important support area.
- A support zone ranging from 9.11 to 9.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 9.42 to 9.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @9.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.00 to 11.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.28 to 11.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.29 from a trend line in the daily time frame.
- Resistance @13.78 from a horizontal line in the daily time frame.
INKT 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 | DOWN | NEGATIVE | The long term trend for INKT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INKT is down. |
| ChartMill Relative Strength | 28.03 | NEGATIVE | INKT has a low relative strength, it was outperformed by 71.97% 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) | UP | MIXED | The current price of INKT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.83 | NEUTRAL | The RSI value for INKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests INKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.74 | OVERSOLD | The low Stochastics value suggests INKT may be oversold. |
| Average True Range in percent/ATR (20) | 10.53 | HIGH VOLATILITY | The high ATR as a percentage value for INKT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.44 | NEUTRAL | The ADX value for INKT suggests a possible start of a new trend. |
INKT Chart- and CandleStick Pattern Analysis
INKT Technicals: Chart, Performance Metrics, Trend & Indicators
9.41
-0.33 (-3.39%)
MINK THERAPEUTICS INC / INKT TA FAQ
Can you provide the ChartMill technical rating for MINK THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to INKT.
What is the current trend direction of MINK THERAPEUTICS INC (INKT) stock?
The current trend direction for MINK THERAPEUTICS INC (INKT) is Bearish.
Can you provide the RSI signal for MINK THERAPEUTICS INC?
MINK THERAPEUTICS INC (INKT) has an RSI value of 40.8348. This indicates that the stock is currently neutral.
What is the buy/sell signal for INKT stock?
The buy/sell signal for MINK THERAPEUTICS INC (INKT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for MINK THERAPEUTICS INC?
MINK THERAPEUTICS INC (INKT) has a support level at 9.17 and a resistance level at 9.42. Check the full technical report for our detailed analysis of INKT support and resistance levels.