We assign a technical rating of 10 out of 10 to NKTR. 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.
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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4 important support areas can be observed.
- A support zone ranging from 58.38 to 58.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @55.63 from a trend line in the daily time frame.
- Support @54.34 from a horizontal line in the daily time frame.
- Support @52.13 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.68 to 65.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 98.96 | POSITIVE | NKTR has a high relative strength, it outperformed 98.96% 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) | 61.37 | NEUTRAL | The RSI value for NKTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests NKTR has a positive trend. |
| Stochastics (14,3) | 81.31 | OVERBOUGHT | The high Stochastics value suggests NKTR may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for NKTR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for NKTR suggests a weak or negative trend. |
65.21
-0.48 (-0.73%)
NEKTAR THERAPEUTICS / NKTR FAQ
What is the technical rating for NKTR stock?
ChartMill assigns a technical rating of 10 / 10 to NKTR.
Can you provide the trend direction for NEKTAR THERAPEUTICS?
The current trend direction for NEKTAR THERAPEUTICS (NKTR) is Bullish.
What is the RSI signal for NKTR stock?
NEKTAR THERAPEUTICS (NKTR) has an RSI value of 61.3744. 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 0.419039, indicating a bearish trend.
What is the buy/sell signal for NEKTAR THERAPEUTICS (NKTR) stock?
The buy/sell signal for NEKTAR THERAPEUTICS (NKTR) is buy as both the short term and long term trends are positive.