NEKTAR THERAPEUTICS (NKTR) Technical Analysis
NASDAQ:NKTR • US6402683063
Current stock price
NKTR Technical Rating and Analysis
Taking everything into account, NKTR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NKTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NKTR is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, NKTR also shows a nice and consistent pattern of rising prices.
- NKTR is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 96% of 191 stocks in the same industry.
- NKTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NKTR is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NKTR has an average volume of 1163180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NKTR has a been trading in the 64.10 - 109.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NKTR Weekly and Daily overview Charts
NKTR Setup Rating and Analysis
Although NKTR has an excellent technical rating, it does not present a decent entry opportunity 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.
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NKTR Support and Resistance Analysis
45.78
4 important support areas can be observed.
- Support @86.86 from a trend line in the weekly time frame.
- A support zone ranging from 80.31 to 81.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @65.90 from a horizontal line in the daily time frame.
- Support @46.24 from a trend line in the weekly time frame.
NKTR 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 NKTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKTR is up. |
| ChartMill Relative Strength | 99.47 | POSITIVE | NKTR has a high relative strength, it outperformed 99.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NKTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.54 | NEUTRAL | The RSI value for NKTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests NKTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.91 | NEUTRAL | The Stochastics value for NKTR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for NKTR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.49 | POSITIVE | The high ADX value value for NKTR suggests a strong trend. |
NKTR Chart- and CandleStick Pattern Analysis
NKTR Technicals: Chart, Performance Metrics, Trend & Indicators
91.68
+0.42 (+0.46%)
NEKTAR THERAPEUTICS / NKTR TA FAQ
What is the technical rating for NKTR stock?
ChartMill assigns a technical rating of 10 / 10 to NKTR.
What is the trend direction for NKTR stock?
The current trend direction for NEKTAR THERAPEUTICS (NKTR) is Bullish.
What is the RSI signal for NEKTAR THERAPEUTICS (NKTR) stock?
NEKTAR THERAPEUTICS (NKTR) has an RSI value of 64.5443. This indicates that the stock is currently neutral.
What is the MACD signal for NKTR stock?
The MACD indicator for NEKTAR THERAPEUTICS (NKTR) has a value of 0.993186, indicating a bearish trend.
What is the buy/sell signal for NKTR stock?
The buy/sell signal for NEKTAR THERAPEUTICS (NKTR) is buy as both the short term and long term trends are positive.