KODIAK SCIENCES INC (KOD) Stock Technical Analysis
NASDAQ:KOD • US50015M1099
Overall KOD gets a technical rating of 8 out of 10. In the last year, KOD was one of the better performers, but we do observe some doubts in the very recent evolution.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, KOD did better than 99% of all other stocks. We also observe that the gains produced by KOD over the past year are nicely spread over this period.
- KOD is part of the Biotechnology industry. There are 520 other stocks in this industry. KOD outperforms 97% of them.
- KOD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KOD is lagging the market slightly.
- In the last month KOD has a been trading in the 20.88 - 28.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KOD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
18.82
We found 3 important support areas.
- A support zone ranging from 23.52 to 23.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.00 to 22.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.01 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @26.67 from a horizontal line 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 KOD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOD is up. |
| ChartMill Relative Strength | 99.28 | POSITIVE | KOD has a high relative strength, it outperformed 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KOD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KOD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for KOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests KOD has a positive trend. |
| Stochastics (14,3) | 69.7 | NEUTRAL | The Stochastics value for KOD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for KOD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for KOD suggests a weak or negative trend. |
25.28
-1.38 (-5.19%)
KODIAK SCIENCES INC / KOD FAQ
What is the ChartMill technical rating of KODIAK SCIENCES INC (KOD) stock?
ChartMill assigns a technical rating of 8 / 10 to KOD.
What is the current trend direction of KODIAK SCIENCES INC (KOD) stock?
The current trend direction for KODIAK SCIENCES INC (KOD) is Bullish.
What is the RSI signal for KOD stock?
KODIAK SCIENCES INC (KOD) has an RSI value of 52.7471. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KODIAK SCIENCES INC?
The short term momentum for KODIAK SCIENCES INC (KOD) is positive.
What are the support and resistance levels for KODIAK SCIENCES INC (KOD) stock?
KODIAK SCIENCES INC (KOD) has a support level at 23.93 and a resistance level at 26.67. Check the full technical report for our detailed analysis of KOD support and resistance levels.