KYVERNA THERAPEUTICS INC (KYTX) Technical Analysis
NASDAQ:KYTX • US5019761049
Current stock price
KYTX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to KYTX. 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, KYTX did better than 98% of all other stocks. On top of that, KYTX also shows a nice and consistent pattern of rising prices.
- KYTX is part of the Biotechnology industry. There are 516 other stocks in this industry. KYTX outperforms 93% of them.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- 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.
- In the last month KYTX has a been trading in the 7.34 - 11.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
7.70
We found 3 important support areas.
- Support @8.94 from a horizontal line in the daily time frame.
- Support @8.04 from a trend line in the daily time frame.
- Support @7.78 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.24 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for KYTX is neutral. |
| ChartMill Relative Strength | 98.42 | POSITIVE | KYTX has a high relative strength, it outperformed 98.42% 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) | UP | POSITIVE | The current price of KYTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.88 | NEUTRAL | The RSI value for KYTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests KYTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.57 | NEUTRAL | The Stochastics value for KYTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for KYTX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.23 | NEUTRAL | The ADX value for KYTX suggests a possible start of a new trend. |
KYTX Chart- and CandleStick Pattern Analysis
KYTX Technicals: Chart, Performance Metrics, Trend & Indicators
10.23
+0.52 (+5.36%)
KYVERNA THERAPEUTICS INC / KYTX TA FAQ
What is the technical rating for KYTX stock?
ChartMill assigns a technical rating of 10 / 10 to KYTX.
What is the trend direction for KYTX stock?
The current trend direction for KYVERNA THERAPEUTICS INC (KYTX) is Bullish.
What is the RSI signal for KYTX stock?
KYVERNA THERAPEUTICS INC (KYTX) has an RSI value of 58.8767. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KYVERNA THERAPEUTICS INC?
The short term momentum for KYVERNA THERAPEUTICS INC (KYTX) is neutral.
What are the support and resistance levels for KYVERNA THERAPEUTICS INC (KYTX) stock?
KYVERNA THERAPEUTICS INC (KYTX) has a support level at 8.94 and a resistance level at 10.24. Check the full technical report for our detailed analysis of KYTX support and resistance levels.