KALA BIO INC (KALA) Technical Analysis
NASDAQ:KALA • US4831192020
Current stock price
KALA Technical Rating and Analysis
Overall KALA gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, KALA is a bad performer in the overall market: 99% of all stocks are doing better.
- KALA is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 89% are performing better than KALA.
- KALA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so KALA is lagging the market.
- In the last month KALA has a been trading in the 0.22 - 0.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- KALA has an average volume of 7728250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
KALA Weekly and Daily overview Charts
KALA Setup Rating and Analysis
The technical rating of KALA is bad and it also does not present a 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.
More info and screens
KALA Support and Resistance Analysis
0.23
2 important resistance areas can be observed.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.30 from a trend line in the daily time frame.
KALA 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 | 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 | 1.26 | NEGATIVE | KALA has a low relative strength, it was outperformed by 98.74% 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) | 32.79 | NEUTRAL | The RSI value for KALA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KALA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6 | OVERSOLD | The low Stochastics value suggests KALA may be oversold. |
| Average True Range in percent/ATR (20) | 22.05 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for KALA suggests a possible start of a new trend. |
KALA Chart- and CandleStick Pattern Analysis
KALA Technicals: Chart, Performance Metrics, Trend & Indicators
0.2368
-0.01 (-3.7%)
KALA BIO INC / KALA TA FAQ
What is the technical rating for KALA stock?
ChartMill assigns a technical rating of 0 / 10 to KALA.
What is the current trend direction of KALA BIO INC (KALA) stock?
The current trend direction for KALA BIO INC (KALA) is Bearish.
What is the RSI signal for KALA BIO INC (KALA) stock?
KALA BIO INC (KALA) has an RSI value of 32.7852. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KALA BIO INC?
The short term momentum for KALA BIO INC (KALA) is negative.
What is the support and resistance level for KALA stock?
KALA BIO INC (KALA) has a resistance level at 0.27. Check the full technical report for our detailed analysis of KALA support and resistance levels.