PASITHEA THERAPEUTICS CORP (KTTA)

US70261F2020 - Common Stock

6.6  +0.1 (+1.54%)

Technical Rating and Analysis

0

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.

77% of all other stocks performed better in the past year than KTTA.
KTTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month KTTA has a been trading in the 6.50 - 7.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: KTTA has an average volume of 2076 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
KTTA is part of the Biotechnology industry. There are 587 other stocks in this industry, KTTA did better than 60% of them.
Weekly and Daily overview Charts
KTTA Weekly chart
KTTA Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, KTTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

5.94

10.46

We found 2 important support areas.

  • Support @6.49 from a horizontal line in the daily time frame.
  • A support zone ranging from 6.00 to 6.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice 5 important areas.

  • Resistance @7.43 from a trend line in the daily time frame.
  • Resistance @7.80 from a trend line in the weekly time frame.
  • Resistance @8.08 from a trend line in the daily time frame.
  • Resistance @8.66 from a horizontal line in the daily time frame.
  • Resistance @10.36 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.75
Mansfield-3.17
10 Day High7.69
10 Day Low6.5
20 Day High7.69
20 Day Low6.5
52 Week High17.4
52 Week Low5.25
Performance
1 Week-14.06%
2 Weeks-4.62%
1 Month-11.53%
3 Month-8.59%
6 Month6.42%
12 Month-2.91%
2 Year-61.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)41.87
LBB6.37
UBB7.55
KTTA Daily chart

PASITHEA THERAPEUTICS CORP

NASDAQ:KTTA (5/17/2024, 7:09:47 PM)

6.6

+0.1 (+1.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.54%
1 Week-14.06%
2 Weeks-4.62%
1 Month-11.53%
3 Month-8.59%
6 Month6.42%
12 Month-2.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%3.97%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.69
10 Day Low6.5
20 Day High7.69
20 Day Low6.5
52 Week High17.4
52 Week Low5.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume400
Volume Incr39.84%
Vol(5)1.72K
Vol(50)2.08K