KLOTHO NEUROSCIENCES INC (KLTO) Stock Technical Analysis
NASDAQ:KLTO • US49876K1034
Overall KLTO gets a technical rating of 7 out of 10. KLTO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- KLTO 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month KLTO has a been trading in the 0.21 - 0.55 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- KLTO has an average volume of 1740880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, KLTO did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- KLTO is an average performer in the Biotechnology industry, it outperforms 68% of 521 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KLTO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.47
We found 1 important resistance area.
- Resistance @0.60 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for KLTO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KLTO is up. |
| ChartMill Relative Strength | 84.88 | POSITIVE | KLTO has a high relative strength, it outperformed 84.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KLTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KLTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KLTO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.74 | OVERBOUGHT | The high RSI value suggests KLTO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KLTO has a positive trend. |
| Stochastics (14,3) | 76.96 | NEUTRAL | The Stochastics value for KLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.49 | HIGH VOLATILITY | The high ATR as a percentage value for KLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.61 | POSITIVE | The high ADX value value for KLTO suggests a strong trend. |
0.478
+0.05 (+12.18%)
KLOTHO NEUROSCIENCES INC / KLTO FAQ
What is the ChartMill technical rating of KLOTHO NEUROSCIENCES INC (KLTO) stock?
ChartMill assigns a technical rating of 7 / 10 to KLTO.
What is the trend direction for KLTO stock?
The current trend direction for KLOTHO NEUROSCIENCES INC (KLTO) is Bearish.
What is the RSI signal for KLTO stock?
KLOTHO NEUROSCIENCES INC (KLTO) has an RSI value of 72.7448. This indicates that the stock is currently overbought.
What is the short term momentum for KLOTHO NEUROSCIENCES INC (KLTO) stock?
The short term momentum for KLOTHO NEUROSCIENCES INC (KLTO) is positive.
What is the support and resistance level for KLTO stock?
KLOTHO NEUROSCIENCES INC (KLTO) has a resistance level at 0.6. Check the full technical report for our detailed analysis of KLTO support and resistance levels.