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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NKTR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 97% of 192 stocks in the same industry.
- NKTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NKTR is leading the market.
- In the last month NKTR has a been trading in the 62.50 - 78.81 range, which is quite wide. It is currently trading near the high of this range.
- NKTR has an average volume of 1210510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NKTR Weekly and Daily overview Charts
NKTR Setup Rating and Analysis
Although NKTR has an excellent technical rating, the quality of the presented setup is not ideal 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
NKTR Support and Resistance Analysis
38.76
5 important support areas can be observed.
- A support zone ranging from 67.76 to 68.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.90 from a horizontal line in the daily time frame.
- Support @43.67 from a trend line in the weekly time frame.
- Support @40.91 from a trend line in the weekly time frame.
- Support @39.15 from a trend line in the daily 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 | 99.56 | POSITIVE | NKTR has a high relative strength, it outperformed 99.56% 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) | 61.17 | NEUTRAL | The RSI value for NKTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests NKTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.39 | NEUTRAL | The Stochastics value for NKTR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for NKTR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for NKTR suggests a possible start of a new trend. |
NKTR Chart- and CandleStick Pattern Analysis
NKTR 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 |
|---|---|---|---|
| 78.82 | 67.75 | 11.07 (14.04%) | 7.12% |
| An entry @78.82. This is a Buy Stop order right above the 10 day high. | An exit @67.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.07 points, which is 14.04%. | For a 1.00% total portfolio risk, you can invest 7.12% 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.
NKTR Technicals: Chart, Performance Metrics, Trend & Indicators
76.99
+1.28 (+1.69%)
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 61.1725. 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 -0.435426, 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.