KODIAK SCIENCES INC (KOD) Stock Technical Analysis
USA - NASDAQ:KOD - US50015M1099 - Common Stock
We assign a technical rating of 10 out of 10 to KOD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KOD is showing a nice and steady performance.
Besides having an excellent technical rating, KOD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for KOD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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12.47
When analyzing the support we can see 3 important areas.
- Support @16.90 from a horizontal line in the daily time frame.
- A support zone ranging from 14.12 to 14.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.60 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for KOD is neutral. |
| ChartMill Relative Strength | 98.72 | POSITIVE | KOD has a high relative strength, it outperformed 98.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KOD is above the rising 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) | 54.17 | NEUTRAL | The RSI value for KOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests KOD has a negative trend. |
| Stochastics (14,3) | 35.71 | NEUTRAL | The Stochastics value for KOD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.51 | HIGH VOLATILITY | The high ATR as a percentage value for KOD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.42 | POSITIVE | The high ADX value value for KOD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.53 | 16.89 | 1.64 (8.85%) | 11.30% |
| An entry @18.53. This is a Buy Stop order right above the 10 day moving average. | An exit @16.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.64 points, which is 8.85%. | When investing 11.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of KOD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.63
+0.73 (+4.32%)
KODIAK SCIENCES INC / KOD FAQ
Can you provide the ChartMill technical rating for KODIAK SCIENCES INC?
ChartMill assigns a technical rating of 10 / 10 to KOD.
What is the trend direction for 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 54.1689. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KODIAK SCIENCES INC?
The MACD indicator for KODIAK SCIENCES INC (KOD) has a value of -0.296918, indicating a bearish trend.
Can you provide the short term momentum for KODIAK SCIENCES INC?
The short term momentum for KODIAK SCIENCES INC (KOD) is neutral.