KYVERNA THERAPEUTICS INC (KYTX) Stock Technical Analysis
NASDAQ:KYTX - Nasdaq - US5019761049 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to KYTX. Recently some decent action could be observed, but in the medium term time frame this is still negative. KYTX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, KYTX is a bad performer in the overall market: 94% of all stocks are doing better.
KYTX is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 66% are performing better than KYTX.
KYTX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so KYTX is lagging the market.
In the last month KYTX has a been trading in the 1.92 - 2.82 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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 only medium, KYTX does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- 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
2.12
3.29
We found 1 important support area.
- A support zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.56 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.26 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 KYTX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KYTX is up. |
| ChartMill Relative Strength | 6.34 | NEGATIVE | KYTX has a low relative strength, it was outperformed by 93.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KYTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KYTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KYTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.88 | NEUTRAL | The RSI value for KYTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests KYTX has a positive trend. |
| Stochastics (14,3) | 67.47 | NEUTRAL | The Stochastics value for KYTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for KYTX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for KYTX suggests a weak or negative 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)
2.55
-0.03 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.16%
1 Week6.69%
2 Weeks9.91%
1 Month25%
3 Month-10.21%
6 Month-55.81%
12 Month-79.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%9.3%
ATR Inc93.61%
Range Today0.3
ADR(20)0.22
ADR(20)%8.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.34
Mansfield-5.06
10 Day High2.82
10 Day Low2.06
20 Day High2.82
20 Day Low1.92
52 Week High16.64
52 Week Low1.78
CS1 End2.16
CR1 Start2.56
Volume & EV
DER(3)0.44%
DER(5)2.27%
Volume295.72K
Volume Incr109.2%
Vol(5)589.16K
Vol(50)323.75K