Overall NKTR gets a technical rating of 1 out of 10. NKTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NKTR is a bad performer in the overall market: 84% of all stocks are doing better.
NKTR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NKTR has a been trading in the 0.43 - 0.80 range, which is quite wide. It is currently trading near the high of this range.
NKTR has an average volume of 2418470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NKTR is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, NKTR did better than 46% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.