PASITHEA THERAPEUTICS CORP (KTTA) Stock Technical Analysis
USA - NASDAQ:KTTA - US70261F2020 - Common Stock
We assign a technical rating of 0 out of 10 to KTTA. KTTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
KTTA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KTTA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.66
When analyzing the support we notice one important area.
- A support zone ranging from 0.67 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.74 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.78 from a trend line in the daily time frame.
- Resistance @0.82 from a horizontal line in the daily time frame.
- Resistance @0.85 from a trend 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 KTTA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KTTA is down. |
| ChartMill Relative Strength | 6.35 | NEGATIVE | KTTA has a low relative strength, it was outperformed by 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KTTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KTTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KTTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.11 | NEUTRAL | The RSI value for KTTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests KTTA has a negative trend. |
| Stochastics (14,3) | 24.08 | NEUTRAL | The Stochastics value for KTTA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for KTTA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for KTTA suggests a weak or negative trend. |
0.69
-0.03 (-4.52%)
PASITHEA THERAPEUTICS CORP / KTTA FAQ
What is the technical rating for KTTA stock?
ChartMill assigns a technical rating of 0 / 10 to KTTA.
What is the trend direction for KTTA stock?
The current trend direction for PASITHEA THERAPEUTICS CORP (KTTA) is Bearish.
What is the RSI signal for KTTA stock?
PASITHEA THERAPEUTICS CORP (KTTA) has an RSI value of 40.1124. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PASITHEA THERAPEUTICS CORP?
The MACD indicator for PASITHEA THERAPEUTICS CORP (KTTA) has a value of -0.0044756, indicating a bearish trend.
What is the short term momentum for PASITHEA THERAPEUTICS CORP (KTTA) stock?
The short term momentum for PASITHEA THERAPEUTICS CORP (KTTA) is negative.