We assign a technical rating of 0 out of 10 to KALA. KALA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
KALA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.62
When analyzing the resistance we notice one important area.
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 KALA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KALA is down. |
| ChartMill Relative Strength | 0.3 | NEGATIVE | KALA has a low relative strength, it was outperformed by 99.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KALA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KALA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KALA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.58 | NEUTRAL | The RSI value for KALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests KALA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 5.67 | OVERSOLD | The low Stochastics value suggests KALA may be oversold. |
| Average True Range in percent/ATR (20) | 33.7 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.35 | POSITIVE | The high ADX value value for KALA suggests a strong trend. |
0.6223
+0.04 (+7.55%)
ChartMill assigns a technical rating of 0 / 10 to KALA.
The current trend direction for KALA BIO INC (KALA) is Bearish.
KALA BIO INC (KALA) has an RSI value of 36.5796. This indicates that the stock is currently neutral.
The MACD indicator for KALA BIO INC (KALA) has a value of 0.0452018, indicating a bearish trend.
The buy/sell signal for KALA BIO INC (KALA) is sell as both the short term and long term trends are negative.