KINTARA THERAPEUTICS INC (KTRA) Stock Technical Analysis
NASDAQ:KTRA - Nasdaq - US49720K2006 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to KTRA. Recently some decent action could be observed, but in the medium term time frame this is still negative. KTRA was also a bad performer in the overall market in the last year.
97% of all other stocks performed better in the past year than KTRA.
KTRA is part of the Biotechnology industry. There are 551 other stocks in this industry, of which 81% are performing better than KTRA.
KTRA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month KTRA has a been trading in the 0.16 - 0.24 range, which is quite wide. It is currently trading near the high of this range.
KTRA has an average volume of 3026310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, KTRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.17
0.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.17 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.24 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 | DOWN | NEGATIVE | The long term trend for KTRA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KTRA is up. |
| ChartMill Relative Strength | 3.71 | NEGATIVE | KTRA has a low relative strength, it was outperformed by 96.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KTRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KTRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KTRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for KTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KTRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.09 | NEUTRAL | The Stochastics value for KTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.92 | HIGH VOLATILITY | The high ATR as a percentage value for KTRA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for KTRA suggests a possible start of a new 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)
0.2154
-0.01 (-6.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.31%
1 Week22.25%
2 Weeks15.37%
1 Month18.55%
3 Month-14.56%
6 Month77.43%
12 Month-94.63%
2 Year-96%
3 Year-99.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.92%
ATR Inc67.16%
Range Today0.03
ADR(20)0.02
ADR(20)%10.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.71
Mansfield-3.42
10 Day High0.24
10 Day Low0.17
20 Day High0.24
20 Day Low0.16
52 Week High4.48
52 Week Low0.08
CS1 End0.18
CR1 Start0.24
Volume & EV
DER(3)-3.95%
DER(5)-3.51%
Volume3.70M
Volume Incr-31.37%
Vol(5)3.37M
Vol(50)3.03M