KARUNA THERAPEUTICS INC (KRTX) Stock Technical Analysis
NASDAQ:KRTX - Nasdaq - US48576A1007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to KRTX. Both in the recent history as in the last year, KRTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
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 559 other stocks in this industry. KRTX outperforms 91% 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.
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
179.53
333.13
When analyzing the support we can see 2 important areas.
- 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.
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. |
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)
329.83
+0.09 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.03%
1 Week3.09%
2 Weeks4.3%
1 Month3.27%
3 Month50.08%
6 Month82.33%
12 Month72.12%
2 Year160.14%
3 Year174.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.88
ATR(20)%1.11%
ATR Inc-3.48%
Range Today0.24
ADR(20)3.24
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.34
Mansfield2.95
10 Day High329.99
10 Day Low315.58
20 Day High329.99
20 Day Low296.06
52 Week High329.99
52 Week Low158.38
CS1 End321.59
CR1 StartN/A
Volume & EV
DER(3)-2.12%
DER(5)1.21%
Volume1.87M
Volume Incr270.72%
Vol(5)1.36M
Vol(50)772.91K