KYVERNA THERAPEUTICS INC (KYTX) Technical Analysis
NASDAQ:KYTX • US5019761049
Current stock price
KYTX Technical Rating and Analysis
Taking everything into account, KYTX scores 8 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, KYTX 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 KYTX is one of the better performing stocks in the market, outperforming 98% of all stocks.
- KYTX is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 518 stocks in the same industry.
- In the last month KYTX has a been trading in the 7.23 - 9.70 range, which is quite wide. It is currently trading near the high of this range.
- KYTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KYTX is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KYTX Weekly and Daily overview Charts
KYTX Setup Rating and Analysis
KYTX has an excellent technical rating, but the quality of the setup is only medium 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
KYTX Support and Resistance Analysis
7.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.89 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.65 to 7.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.11 to 9.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.77 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.01 to 10.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.82 from a horizontal line in the daily time frame.
KYTX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for KYTX is up. |
| ChartMill Relative Strength | 98.03 | POSITIVE | KYTX has a high relative strength, it outperformed 98.03% 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) | DOWN | MIXED | The current price of KYTX is above a declining 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) | 56.45 | NEUTRAL | The RSI value for KYTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests KYTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.92 | NEUTRAL | The Stochastics value for KYTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for KYTX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for KYTX suggests a possible start of a new trend. |
KYTX Chart- and CandleStick Pattern Analysis
KYTX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.25 | 7.88 | 1.37 (14.81%) | 6.75% |
| An entry @9.25. This is a Buy Stop order right above the resistance zone. | An exit @7.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.37 points, which is 14.81%. | For a 1.00% total portfolio risk, you can invest 6.75% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KYTX Technicals: Chart, Performance Metrics, Trend & Indicators
8.95
+0.18 (+2.05%)
KYVERNA THERAPEUTICS INC / KYTX TA FAQ
What is the technical rating for KYTX stock?
ChartMill assigns a technical rating of 8 / 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 56.4548. 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 positive.
What is the buy/sell signal for KYVERNA THERAPEUTICS INC (KYTX) stock?
The buy/sell signal for KYVERNA THERAPEUTICS INC (KYTX) is buy as both the short term and long term trends are positive.