KRYSTAL BIOTECH INC (KRYS) Stock Technical Analysis
USA - NASDAQ:KRYS - US5011471027 - Common Stock
We assign a technical rating of 8 out of 10 to KRYS. Although KRYS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, KRYS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 188.97, a Stop Loss order could be placed below this zone.
More info and screens
128.61
We found 5 important support areas.
- A support zone ranging from 185.04 to 188.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @153.51 from a trend line in the weekly time frame.
- Support @144.51 from a trend line in the daily time frame.
- Support @137.46 from a horizontal line in the daily time frame.
- Support @129.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @190.24 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 194.44 to 195.97. This zone is formed by a combination of multiple trend lines 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 KRYS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRYS is up. |
| ChartMill Relative Strength | 71.57 | POSITIVE | KRYS has a high relative strength, it outperformed 71.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for KRYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests KRYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.68 | NEUTRAL | The Stochastics value for KRYS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for KRYS suggests some volalility. |
| Average Directional Index/ADX (14) | 37.31 | POSITIVE | The high ADX value value for KRYS 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 |
|---|---|---|---|
| 190.25 | 185.03 | 5.22 (2.74%) | 25.00% |
| An entry @190.25. This is a Buy Stop order right above the resistance zone. | An exit @185.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.22 points, which is 2.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The distance between exit and entry is rather small compared to the average daily movement of KRYS. 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.
189.08
+4.03 (+2.18%)
KRYSTAL BIOTECH INC / KRYS FAQ
Can you provide the ChartMill technical rating for KRYSTAL BIOTECH INC?
ChartMill assigns a technical rating of 8 / 10 to KRYS.
What is the current trend direction of KRYSTAL BIOTECH INC (KRYS) stock?
The current trend direction for KRYSTAL BIOTECH INC (KRYS) is Bullish.
What is the RSI signal for KRYS stock?
KRYSTAL BIOTECH INC (KRYS) has an RSI value of 58.7709. This indicates that the stock is currently neutral.
What is the short term momentum for KRYSTAL BIOTECH INC (KRYS) stock?
The short term momentum for KRYSTAL BIOTECH INC (KRYS) is positive.
What is the buy/sell signal for KRYS stock?
The buy/sell signal for KRYSTAL BIOTECH INC (KRYS) is buy as both the short term and long term trends are positive.