KALVISTA PHARMACEUTICALS INC (KALV) Technical Analysis
NASDAQ:KALV • US4834971032
Overall KALV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KALV is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that KALV is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, KALV also shows a nice and consistent pattern of rising prices.
- In the last month KALV has a been trading in the 14.22 - 16.75 range, which is quite wide. It is currently trading near the high of this range.
- KALV is part of the Biotechnology industry. There are 519 other stocks in this industry, KALV did better than 63% of them.
- KALV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KALV is lagging the market slightly.
Besides having an excellent technical rating, KALV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.60
When analyzing the support we can see 6 important areas.
- A support zone ranging from 15.96 to 15.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.39 to 15.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.94 from a trend line in the daily time frame.
- A support zone ranging from 14.39 to 14.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.94 from a trend line in the weekly time frame.
- Support @10.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.91 to 16.91. 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 | UP | POSITIVE | The long term trend for KALV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KALV is up. |
| ChartMill Relative Strength | 79.81 | POSITIVE | KALV has a high relative strength, it outperformed 79.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KALV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KALV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KALV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.3 | NEUTRAL | The RSI value for KALV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests KALV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.99 | OVERBOUGHT | The high Stochastics value suggests KALV may be overbought. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for KALV suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for KALV suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.92 | 15.95 | 0.97 (5.73%) | 17.44% |
| An entry @16.92. This is a Buy Stop order right above the resistance zone. | An exit @15.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.97 points, which is 5.73%. | When investing 17.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KALV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KALV Technicals: Chart, Performance Metrics, Trend & Indicators
16.23
+0.02 (+0.12%)
KALVISTA PHARMACEUTICALS INC / KALV FAQ
Can you provide the ChartMill technical rating for KALVISTA PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 9 / 10 to KALV.
What is the trend direction for KALV stock?
The current trend direction for KALVISTA PHARMACEUTICALS INC (KALV) is Bullish.
What is the RSI signal for KALVISTA PHARMACEUTICALS INC (KALV) stock?
KALVISTA PHARMACEUTICALS INC (KALV) has an RSI value of 56.2996. This indicates that the stock is currently neutral.
What is the MACD signal for KALVISTA PHARMACEUTICALS INC (KALV) stock?
The MACD indicator for KALVISTA PHARMACEUTICALS INC (KALV) has a value of 0.0744563, indicating a bearish trend.
Can you provide the short term momentum for KALVISTA PHARMACEUTICALS INC?
The short term momentum for KALVISTA PHARMACEUTICALS INC (KALV) is positive.