KALVISTA PHARMACEUTICALS INC (KALV) Stock Technical Analysis
NASDAQ:KALV - Nasdaq - US4834971032 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to KALV. Although KALV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
KALV is part of the Biotechnology industry. There are 556 other stocks in this industry. KALV outperforms 71% of them.
KALV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
KALV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
KALV has an average volume of 1262030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, KALV turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
Although KALV has an excellent technical rating, the quality of the presented setup is not ideal 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
7.91
16.18
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.29 to 14.51. 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 11.89 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.64 from a trend line in the weekly time frame.
- Support @11.34 from a horizontal line in the daily time frame.
- Support @7.99 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @15.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.99 to 16.02. This zone is formed by a combination of multiple trend lines 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 | 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 | 65.75 | NEUTRAL | KALV is not amongst the best or worst performers 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) | 61.88 | 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) | 83.13 | OVERBOUGHT | The high Stochastics value suggests KALV may be overbought. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for KALV suggests high volalility. |
| Average Directional Index/ADX (14) | 25.65 | POSITIVE | The high ADX value value for KALV 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)
15.6
+0.04 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.26%
1 Week-2.56%
2 Weeks0.58%
1 Month33.56%
3 Month20.09%
6 Month81.18%
12 Month5.48%
2 Year54.46%
3 Year26.32%
5 Year58.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%6.36%
ATR Inc-57.7%
Range Today0.4
ADR(20)0.9
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.75
Mansfield2.51
10 Day High16.23
10 Day Low13.85
20 Day High16.32
20 Day Low11.1
52 Week High16.32
52 Week Low7.3
CS1 End14.51
CR1 Start15.57
Volume & EV
DER(3)3.32%
DER(5)2.6%
Volume745.37K
Volume Incr-55.78%
Vol(5)926.35K
Vol(50)1.26M