KODIAK SCIENCES INC (KOD) Stock Technical Analysis
NASDAQ:KOD - Nasdaq - US50015M1099 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to KOD. In the past year, KOD was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening 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.
KOD 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.
KOD is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 558 stocks in the same industry.
Looking at the yearly performance, KOD did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month KOD has a been trading in the 3.26 - 4.43 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 average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.27
3.84
We found 4 important support areas.
- Support @3.51 from a trend line in the daily time frame.
- Support @3.39 from a horizontal line in the weekly time frame.
- Support @3.32 from a horizontal line in the daily time frame.
- Support @2.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.62 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.72 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 KOD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KOD is neutral. |
| ChartMill Relative Strength | 91.72 | POSITIVE | KOD has a high relative strength, it outperformed 91.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KOD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KOD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KOD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.61 | NEUTRAL | The RSI value for KOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests KOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.92 | NEUTRAL | The Stochastics value for KOD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for KOD suggests high volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for KOD suggests a weak or negative 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)
3.61
-0.02 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.55%
1 Week-3.48%
2 Weeks-13.01%
1 Month4.94%
3 Month24.06%
6 Month-63.83%
12 Month53.62%
2 Year-47.68%
3 Year-52.75%
5 Year-93.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%8.89%
ATR Inc-45.26%
Range Today0.22
ADR(20)0.32
ADR(20)%8.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.72
Mansfield-2.07
10 Day High4.43
10 Day Low3.43
20 Day High4.43
20 Day Low3.26
52 Week High11.6
52 Week Low1.92
CS1 End3.51
CR1 Start3.62
Volume & EV
DER(3)-0.55%
DER(5)-3.19%
Volume236.00K
Volume Incr-19.77%
Vol(5)265.06K
Vol(50)394.40K