KALA BIO INC (KALA) Stock Technical Analysis
NASDAQ:KALA - Nasdaq - US4831192020 - Common Stock - Currency: USD
Taking everything into account, KALA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KALA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
KALA is part of the Biotechnology industry. There are 551 other stocks in this industry. KALA outperforms 91% of them.
When comparing the yearly performance of all stocks, we notice that KALA is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
KALA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KALA is lagging the market.
In the last month KALA has a been trading in the 5.15 - 8.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KALA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
4.79
8.49
We found 2 important support areas.
- Support @6.76 from a horizontal line in the daily time frame.
- Support @4.84 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @8.10 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.31 to 8.41. This zone is formed by a combination of multiple trend lines 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 KALA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KALA is up. |
| ChartMill Relative Strength | 94.76 | POSITIVE | KALA has a high relative strength, it outperformed 94.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KALA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KALA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KALA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.41 | 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) | 60.19 | NEUTRAL | The Stochastics value for KALA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.68 | POSITIVE | The high ADX value value for KALA 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)
7.45
-0.05 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.67%
1 Week-6.05%
2 Weeks30.7%
1 Month41.1%
3 Month117.84%
6 Month-32.4%
12 Month27.35%
2 Year-44.49%
3 Year-50.99%
5 Year-98.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%11.43%
ATR Inc10.23%
Range Today0.69
ADR(20)0.84
ADR(20)%11.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.76
Mansfield1.51
10 Day High8.49
10 Day Low5.35
20 Day High8.49
20 Day Low5.15
52 Week High11.2
52 Week Low2.92
CS1 End6.76
CR1 Start8.1
Volume & EV
DER(3)-5.5%
DER(5)-1.62%
Volume85.10K
Volume Incr-11.13%
Vol(5)178.68K
Vol(50)126.52K