We assign a technical rating of 9 out of 10 to KOD. In the last year, KOD was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that KOD is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, KOD also shows a nice and consistent pattern of rising prices.
- KOD is part of the Biotechnology industry. There are 525 other stocks in this industry. KOD outperforms 93% 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 23.92 - 31.18 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. We notice that large players showed an interest for KOD in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.10
When analyzing the support we notice one important area.
- Support @17.27 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.39 to 27.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.67 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 | NEUTRAL | NEUTRAL | The short term trend for KOD is neutral. |
| ChartMill Relative Strength | 97.77 | POSITIVE | KOD has a high relative strength, it outperformed 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KOD is below a declining 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) | 47.78 | NEUTRAL | The RSI value for KOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests KOD has a negative trend. |
| Stochastics (14,3) | 53.29 | NEUTRAL | The Stochastics value for KOD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for KOD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for KOD suggests a weak or negative 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 |
|---|---|---|---|
| 27.73 | 25.22 | 2.51 (9.05%) | 11.05% |
| An entry @27.73. This is a Buy Stop order right above the resistance zone. | An exit @25.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.51 points, which is 9.05%. | When investing 11.05% 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.
25.86
-2.18 (-7.77%)
KODIAK SCIENCES INC / KOD FAQ
What is the ChartMill technical rating of KODIAK SCIENCES INC (KOD) stock?
ChartMill assigns a technical rating of 9 / 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 47.7805. 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 neutral.
What are the support and resistance levels for KODIAK SCIENCES INC (KOD) stock?
KODIAK SCIENCES INC (KOD) has a support level at 17.27 and a resistance level at 27.39. Check the full technical report for our detailed analysis of KOD support and resistance levels.