KALA Technical Analysis - KALA BIO INC

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to KALA. 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.

Both the short term and long term trends are positive. This is a very positive sign.

KALA is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 541 stocks in the same industry.

KALA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KALA is lagging the market slightly.

In the last month KALA has a been trading in the 8.50 - 20.60 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that KALA is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although KALA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

17.30

19.83

We found 1 important support area.

Support @17.47 from a horizontal line in the daily time frame.

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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	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	99.06	POSITIVE	KALA has a high relative strength, it outperformed 99.06% 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)	78.14	OVERBOUGHT	The high RSI value suggests KALA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.29	POSITIVE	The MACD value suggests KALA has a positive trend.
Stochastics (14,3)	77.24	NEUTRAL	The Stochastics value for KALA is a neutral value.
Average True Range in percent/ATR (20)	8.66	HIGH VOLATILITY	The high ATR as a percentage value for KALA suggests high volalility.
Average Directional Index/ADX (14)	61.72	POSITIVE	The high ADX value value for KALA suggests a strong trend.