KYVERNA THERAPEUTICS INC (KYTX) Stock Technical Analysis
NASDAQ:KYTX • US5019761049
Taking everything into account, KYTX scores 5 out of 10 in our technical rating. KYTX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month KYTX has a been trading in the 7.21 - 10.55 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that KYTX is one of the better performing stocks in the market, outperforming 95% of all stocks.
- KYTX is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 523 stocks in the same industry.
- KYTX has an average volume of 1679870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- KYTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KYTX is lagging the market.
- Considerably lower volume is observed in the last couple of days.
KYTX has an average technical rating and it also does not offer a high quality setup 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
6.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.26 to 7.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.37 to 7.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.01 from a horizontal line in the weekly time frame.
- Resistance @10.82 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 | UP | POSITIVE | The long term trend for KYTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KYTX is down. |
| ChartMill Relative Strength | 95.64 | POSITIVE | KYTX has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KYTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KYTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KYTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.81 | NEUTRAL | The RSI value for KYTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests KYTX has a negative trend. |
| Stochastics (14,3) | 11.84 | OVERSOLD | The low Stochastics value suggests KYTX may be oversold. |
| Average True Range in percent/ATR (20) | 9.82 | HIGH VOLATILITY | The high ATR as a percentage value for KYTX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.4 | NEGATIVE | The low ADX value for KYTX suggests a weak or negative trend. |
7.36
-0.19 (-2.52%)
KYVERNA THERAPEUTICS INC / KYTX FAQ
What is the technical rating for KYTX stock?
ChartMill assigns a technical rating of 5 / 10 to KYTX.
What is the current trend direction of KYVERNA THERAPEUTICS INC (KYTX) stock?
The current trend direction for KYVERNA THERAPEUTICS INC (KYTX) is Bullish.
Can you provide the RSI signal for KYVERNA THERAPEUTICS INC?
KYVERNA THERAPEUTICS INC (KYTX) has an RSI value of 41.8108. This indicates that the stock is currently neutral.
What is the short term momentum for KYTX stock?
The short term momentum for KYVERNA THERAPEUTICS INC (KYTX) is negative.
What is the buy/sell signal for KYVERNA THERAPEUTICS INC (KYTX) stock?
The buy/sell signal for KYVERNA THERAPEUTICS INC (KYTX) is hold as the short term and long term trends are mixed.