Taking everything into account, KALA scores 1 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 one of the lesser performing stocks in the Biotechnology industry. 87% of 525 stocks in the same industry do better.
- KALA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- KALA has an average volume of 9756380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month KALA has a been trading in the 0.51 - 0.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KALA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for KALA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.55
When analyzing the support we can see 3 important areas.
- Support @0.61 from a horizontal line in the weekly time frame.
- Support @0.59 from a horizontal line in the daily time frame.
- Support @0.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.07 from a trend 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 | DOWN | NEGATIVE | The short term trend for KALA is down. |
| ChartMill Relative Strength | 1.97 | NEGATIVE | KALA has a low relative strength, it was outperformed by 98.03% 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) | 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) | 47.26 | 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) | 51.13 | NEUTRAL | The Stochastics value for KALA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.27 | HIGH VOLATILITY | The high ATR as a percentage value for KALA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for KALA suggests a weak or negative trend. |
0.675
+0.07 (+12.37%)
KALA BIO INC / KALA FAQ
What is the technical rating for KALA stock?
ChartMill assigns a technical rating of 1 / 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 47.262. 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 support level at 0.61 and a resistance level at 1.07. Check the full technical report for our detailed analysis of KALA support and resistance levels.