KALA BIO INC (KALA) Stock Technical Analysis
NASDAQ:KALA - Nasdaq - US4831192020 - Common Stock - Currency: USD
Overall KALA gets a technical rating of 8 out of 10. In the last year, KALA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KALA is part of the Biotechnology industry. There are 556 other stocks in this industry. KALA outperforms 89% of them.
In the last month KALA has a been trading in the 4.36 - 7.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that KALA is one of the better performing stocks in the market, outperforming 93% 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KALA has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
4.58
7.08
When analyzing the support we notice one important area.
- A support zone ranging from 4.63 to 4.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.01 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for KALA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KALA is up. |
| ChartMill Relative Strength | 93.5 | POSITIVE | KALA has a high relative strength, it outperformed 93.5% 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) | 67.81 | NEUTRAL | The RSI value for KALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KALA has a positive trend. |
| Stochastics (14,3) | 52.89 | NEUTRAL | The Stochastics value for KALA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 44.48 | 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
+1.35 (+23.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg23.89%
1 Week17.25%
2 Weeks1.45%
1 Month48.94%
3 Month120.13%
6 Month-13.69%
12 Month1.38%
2 Year-53.43%
3 Year-57.58%
5 Year-98.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%10.22%
ATR Inc64.32%
Range Today1.43
ADR(20)0.71
ADR(20)%10.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.5
Mansfield0.83
10 Day High7.1
10 Day Low5.35
20 Day High7.1
20 Day Low4.36
52 Week High11.2
52 Week Low2.92
CS1 End4.64
CR1 Start7.01
Volume & EV
DER(3)-15.33%
DER(5)-12.66%
Volume637.80K
Volume Incr94.8%
Vol(5)265.73K
Vol(50)102.67K