KYVERNA THERAPEUTICS INC (KYTX) Stock Technical Analysis
NASDAQ:KYTX - Nasdaq - US5019761049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to KYTX. In the last year, KYTX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
KYTX 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KYTX is part of the Biotechnology industry. There are 558 other stocks in this industry. KYTX outperforms 75% of them.
In the last month KYTX has a been trading in the 2.52 - 4.45 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, KYTX did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although KYTX has an excellent technical rating, it 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
2.66
4.44
We found 1 important support area.
- Support @2.69 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.04 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.34 to 4.40. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for KYTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KYTX is up. |
| ChartMill Relative Strength | 81.07 | POSITIVE | KYTX has a high relative strength, it outperformed 81.07% 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 | MIXED | The current price of KYTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.18 | NEUTRAL | The RSI value for KYTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests KYTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.37 | NEUTRAL | The Stochastics value for KYTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.99 | HIGH VOLATILITY | The high ATR as a percentage value for KYTX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for KYTX suggests a strong 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)
3.9
-0.17 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.18%
1 Week-3.23%
2 Weeks38.79%
1 Month34.02%
3 Month109.68%
6 Month17.12%
12 Month-61.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%9.99%
ATR Inc-37.2%
Range Today0.36
ADR(20)0.39
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.07
Mansfield-1.43
10 Day High4.45
10 Day Low2.52
20 Day High4.45
20 Day Low2.52
52 Week High10.35
52 Week Low1.78
CS1 End2.69
CR1 Start4.04
Volume & EV
DER(3)4.61%
DER(5)3.47%
Volume170.60K
Volume Incr-33.25%
Vol(5)434.50K
Vol(50)517.31K