KARUNA THERAPEUTICS INC (KRTX) Technical Analysis
NASDAQ:KRTX • US48576A1007
Current stock price
KRTX Technical Rating and Analysis
Overall KRTX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KRTX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that KRTX is one of the better performing stocks in the market, outperforming 94% of all stocks.
- KRTX is part of the Biotechnology industry. There are 517 other stocks in this industry. KRTX outperforms 80% of them.
- KRTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so KRTX is leading the market.
- In the last month KRTX has a been trading in the 296.06 - 329.99 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
KRTX Weekly and Daily overview Charts
KRTX Setup Rating and Analysis
Although KRTX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
KRTX Support and Resistance Analysis
179.53
2 important support areas can be observed.
- A support zone ranging from 313.41 to 321.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @181.34 from a trend line in the weekly time frame.
KRTX 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 | UP | POSITIVE | The long term trend for KRTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRTX is up. |
| ChartMill Relative Strength | 94.34 | POSITIVE | KRTX has a high relative strength, it outperformed 94.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.4 | OVERBOUGHT | The high RSI value suggests KRTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests KRTX has a positive trend. |
| Stochastics (14,3) | 97.45 | OVERBOUGHT | The high Stochastics value suggests KRTX may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for KRTX suggests low volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for KRTX suggests a strong trend. |
KRTX Chart- and CandleStick Pattern Analysis
KRTX Technicals: Chart, Performance Metrics, Trend & Indicators
329.83
+0.09 (+0.03%)
KARUNA THERAPEUTICS INC / KRTX TA FAQ
What is the ChartMill technical rating of KARUNA THERAPEUTICS INC (KRTX) stock?
ChartMill assigns a technical rating of 10 / 10 to KRTX.
Can you provide the trend direction for KARUNA THERAPEUTICS INC?
The current trend direction for KARUNA THERAPEUTICS INC (KRTX) is Bullish.
What is the RSI signal for KARUNA THERAPEUTICS INC (KRTX) stock?
KARUNA THERAPEUTICS INC (KRTX) has an RSI value of 75.4008. This indicates that the stock is currently overbought.
What is the buy/sell signal for KARUNA THERAPEUTICS INC (KRTX) stock?
The buy/sell signal for KARUNA THERAPEUTICS INC (KRTX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for KRTX stock?
KARUNA THERAPEUTICS INC (KRTX) has a support level at 321.59. Check the full technical report for our detailed analysis of KRTX support and resistance levels.