KLTO Technical Analysis - KLOTHO NEUROSCIENCES INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to KLTO. KLTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, KLTO is a bad performer in the overall market: 98% of all stocks are doing better.

KLTO is one of the lesser performing stocks in the Biotechnology industry. 84% of 540 stocks in the same industry do better.

KLTO 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.

KLTO has an average volume of 3511170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month KLTO has a been trading in the 0.42 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

KLOTHO NEUROSCIENCES INC / KLTO Weekly stock chart

KLOTHO NEUROSCIENCES INC / KLTO Daily stock chart

Setup Rating and Analysis

The technical rating of KLTO is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.48

0.63

We found 2 important support areas.

Support @0.53 from a trend line in the daily time frame.
A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 KLTO is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KLTO is down.
ChartMill Relative Strength	2.61	NEGATIVE	KLTO has a low relative strength, it was outperformed by 97.39% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KLTO is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KLTO is below a declining 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)	37.28	NEUTRAL	The RSI value for KLTO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests KLTO has a positive trend, although the MACD value is declining.
Stochastics (14,3)	45.48	NEUTRAL	The Stochastics value for KLTO is a neutral value.
Average True Range in percent/ATR (20)	12.22	HIGH VOLATILITY	The high ATR as a percentage value for KLTO suggests high volalility.
Average Directional Index/ADX (14)	20.95	NEUTRAL	The ADX value for KLTO suggests a possible start of a new trend.