KALA BIO INC (KALA) Stock Technical Analysis
NASDAQ:KALA - Nasdaq - US4831192020 - Common Stock - Currency: USD
Taking everything into account, KALA scores 4 out of 10 in our technical rating. In the past year, KALA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
80% of all other stocks performed better in the past year than KALA.
KALA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, 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 555 other stocks in this industry, KALA did better than 52% of them.
In the last month KALA has a been trading in the 3.76 - 5.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KALA has an average technical rating and also the quality of the setup is only medium 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
4.14
5.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.01 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.52 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.18 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @5.26 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for KALA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KALA is up. |
| ChartMill Relative Strength | 20.11 | NEGATIVE | KALA has a low relative strength, it was outperformed by 79.89% 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) | DOWN | NEGATIVE | The current price of KALA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.68 | NEUTRAL | The RSI value for KALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests KALA has a positive trend. |
| Stochastics (14,3) | 51.08 | NEUTRAL | The Stochastics value for KALA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.85 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.67 | 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)
5.05
+0.21 (+4.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.34%
1 Week7.45%
2 Weeks20.81%
1 Month23.47%
3 Month19.1%
6 Month-36.32%
12 Month-26.81%
2 Year-66.4%
3 Year-69.39%
5 Year-98.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%9.85%
ATR Inc3.62%
Range Today0.42
ADR(20)0.49
ADR(20)%9.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.11
Mansfield-2.14
10 Day High5.9
10 Day Low3.82
20 Day High5.9
20 Day Low3.76
52 Week High11.2
52 Week Low2.92
CS1 End4.03
CR1 Start5.26
Volume & EV
DER(3)8.29%
DER(5)5.47%
Volume52.70K
Volume Incr128.2%
Vol(5)121.56K
Vol(50)76.67K