KYMERA THERAPEUTICS INC (KYMR) Stock Technical Analysis
NASDAQ:KYMR • US5015751044
Taking everything into account, KYMR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KYMR 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 KYMR is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, KYMR also shows a nice and consistent pattern of rising prices.
- KYMR is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 520 stocks in the same industry.
- KYMR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KYMR is lagging the market slightly.
- In the last month KYMR has a been trading in the 68.28 - 89.28 range, which is quite wide. It is currently trading near the high of this range.
Although KYMR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
68.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 74.43 to 75.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.80 from a trend line in the daily time frame.
- Support @69.48 from a trend line in the weekly 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 KYMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KYMR is up. |
| ChartMill Relative Strength | 95.59 | POSITIVE | KYMR has a high relative strength, it outperformed 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KYMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KYMR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KYMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.99 | NEUTRAL | The RSI value for KYMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests KYMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests KYMR may be overbought. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for KYMR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for KYMR suggests a possible start of a new trend. |
87.4
+0.9 (+1.04%)
KYMERA THERAPEUTICS INC / KYMR FAQ
Can you provide the ChartMill technical rating for KYMERA THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to KYMR.
What is the current trend direction of KYMERA THERAPEUTICS INC (KYMR) stock?
The current trend direction for KYMERA THERAPEUTICS INC (KYMR) is Bullish.
Can you provide the RSI signal for KYMERA THERAPEUTICS INC?
KYMERA THERAPEUTICS INC (KYMR) has an RSI value of 68.9892. This indicates that the stock is currently neutral.
What is the MACD signal for KYMERA THERAPEUTICS INC (KYMR) stock?
The MACD indicator for KYMERA THERAPEUTICS INC (KYMR) has a value of 1.07262, indicating a bullish trend.
What is the support and resistance level for KYMR stock?
KYMERA THERAPEUTICS INC (KYMR) has a support level at 75.94. Check the full technical report for our detailed analysis of KYMR support and resistance levels.