Keryx Biopharmaceuticals (KERX) Stock Technical Analysis
NASDAQ:KERX
Overall KERX gets a technical rating of 4 out of 10. In the past year, KERX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- KERX 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.
- In the last month KERX has a been trading in the 2.47 - 3.51 range, which is quite wide. It is currently trading near the high of this range.
- KERX has an average volume of 1264080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, KERX did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KERX has an average technical rating and it also does not offer a high 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
3.33
When analyzing the resistance we notice 2 important areas.
- Resistance @3.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.78 to 3.83. This zone is formed by a combination of multiple trend lines in the weekly 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 KERX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KERX is neutral. |
| ChartMill Relative Strength | 72.17 | POSITIVE | KERX has a high relative strength, it outperformed 72.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KERX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KERX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KERX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.12 | NEUTRAL | The RSI value for KERX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests KERX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.83 | OVERBOUGHT | The high Stochastics value suggests KERX may be overbought. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for KERX suggests high volalility. |
3.36
-0.07 (-2.04%)
Keryx Biopharmaceuticals / KERX FAQ
What is the technical rating for KERX stock?
ChartMill assigns a technical rating of 4 / 10 to KERX.
What is the current trend direction of Keryx Biopharmaceuticals (KERX) stock?
The current trend direction for Keryx Biopharmaceuticals (KERX) is Bearish.
What is the RSI signal for Keryx Biopharmaceuticals (KERX) stock?
Keryx Biopharmaceuticals (KERX) has an RSI value of 61.115. This indicates that the stock is currently neutral.
What are the support and resistance levels for Keryx Biopharmaceuticals (KERX) stock?
Keryx Biopharmaceuticals (KERX) has a resistance level at 3.44. Check the full technical report for our detailed analysis of KERX support and resistance levels.