Taking everything into account, NKTR scores 4 out of 10 in our technical rating. Although NKTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NKTR has an average technical rating and it also 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
43.04
We found 1 important support area.
- Support @43.47 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @50.14 from a trend line in the daily time frame.
- Resistance @64.93 from a horizontal line 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 NKTR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NKTR is down. |
| ChartMill Relative Strength | 96.9 | POSITIVE | NKTR has a high relative strength, it outperformed 96.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NKTR is below a declining 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) | 37.11 | NEUTRAL | The RSI value for NKTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.33 | NEGATIVE | The MACD value suggests NKTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.91 | OVERSOLD | The low Stochastics value suggests NKTR may be oversold. |
| Average True Range in percent/ATR (20) | 9.56 | HIGH VOLATILITY | The high ATR as a percentage value for NKTR suggests high volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for NKTR suggests a strong trend. |
44.46
+0.98 (+2.25%)
NEKTAR THERAPEUTICS / NKTR FAQ
What is the technical rating for NKTR stock?
ChartMill assigns a technical rating of 4 / 10 to NKTR.
Can you provide the trend direction for NEKTAR THERAPEUTICS?
The current trend direction for NEKTAR THERAPEUTICS (NKTR) is Bearish.
What is the RSI signal for NKTR stock?
NEKTAR THERAPEUTICS (NKTR) has an RSI value of 37.1055. 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 -1.33479, indicating a bearish trend.