Logo image of KRTX

KARUNA THERAPEUTICS INC (KRTX) Stock Technical Analysis

USA - Nasdaq - NASDAQ:KRTX - US48576A1007 - Common Stock

329.83 USD
+0.09 (+0.03%)
Last: 3/15/2024, 8:00:03 PM
329.83 USD
0 (0%)
After Hours: 3/15/2024, 8:00:03 PM
Technical Rating and Analysis

10

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.

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 530 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 however is also trading near new highs, which makes the performance in line with 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.
Weekly and Daily overview Charts
KARUNA THERAPEUTICS INC / KRTX Weekly stock chart
KARUNA THERAPEUTICS INC / KRTX Daily stock chart
Setup Rating and Analysis

2

Although KRTX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for KRTX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for KRTX is up.
ChartMill Relative Strength94.34POSITIVEKRTX has a high relative strength, it outperformed 94.34% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of KRTX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of KRTX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of KRTX is above the rising SMA(200).
Relative Strength Index/RSI (14)75.4OVERBOUGHTThe high RSI value suggests KRTX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.6POSITIVEThe MACD value suggests KRTX has a positive trend.
Stochastics (14,3)97.45OVERBOUGHTThe high Stochastics value suggests KRTX may be overbought.
Average True Range in percent/ATR (20)1.11LOW VOLATILITYThe low ATR as a percentage value for KRTX suggests low volalility.
Average Directional Index/ADX (14)33.36POSITIVEThe high ADX value value for KRTX suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
KARUNA THERAPEUTICS INC / KRTX Daily stock chart

KARUNA THERAPEUTICS INC

NASDAQ:KRTX (3/15/2024, 8:00:03 PM)

After market: 329.83 0 (0%)

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
3 months CRSN/A
6 months CRSN/A
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

KARUNA THERAPEUTICS INC / KRTX FAQ

Can you provide the ChartMill technical rating for KARUNA THERAPEUTICS INC?

ChartMill assigns a technical rating of 10 / 10 to KRTX.


What is the trend direction for KRTX stock?

The current trend direction for KARUNA THERAPEUTICS INC (KRTX) is Bullish.


What is the RSI signal for KRTX stock?

KARUNA THERAPEUTICS INC (KRTX) has an RSI value of 75.4008. This indicates that the stock is currently overbought.


What is the MACD signal for KRTX stock?

The MACD indicator for KARUNA THERAPEUTICS INC (KRTX) has a value of 0.603732, indicating a bearish trend.


What are the support and resistance levels for KARUNA THERAPEUTICS INC (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.