NEKTAR THERAPEUTICS (NKTR) Stock Technical Analysis
NASDAQ:NKTR - Nasdaq - US6402681083 - Common Stock - Currency: USD
Taking everything into account, NKTR scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than NKTR.
NKTR is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 70% are performing better than NKTR.
NKTR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NKTR is lagging the market.
In the last month NKTR has a been trading in the 0.57 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
NKTR has an average volume of 2214500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NKTR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for NKTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.55
0.74
We found 3 important support areas.
- Support @0.63 from a trend line in the daily time frame.
- A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.56 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.66 from a trend line in the daily time frame.
- A resistance zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for NKTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NKTR is down. |
| ChartMill Relative Strength | 7.4 | NEGATIVE | NKTR has a low relative strength, it was outperformed by 92.6% 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) | DOWN | NEGATIVE | The current price of NKTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.45 | NEUTRAL | The RSI value for NKTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NKTR has a negative trend. |
| Stochastics (14,3) | 41.55 | NEUTRAL | The Stochastics value for NKTR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.12 | HIGH VOLATILITY | The high ATR as a percentage value for NKTR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for NKTR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.6541
-0.01 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.89%
1 Week-4.51%
2 Weeks11.11%
1 Month-15.61%
3 Month-29.83%
6 Month-37.7%
12 Month-60.12%
2 Year12.76%
3 Year-81.2%
5 Year-96.99%
10 Year-94.31%
15 Year-94.65%
Volatility
ATR(14)0.06
ATR(20)%10.12%
ATR Inc-31.46%
Range Today0.03
ADR(20)0.06
ADR(20)%9.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.4
Mansfield-3.9
10 Day High0.74
10 Day Low0.61
20 Day High0.82
20 Day Low0.57
52 Week High1.71
52 Week Low0.43
CS1 End0.63
CR1 Start0.66
Volume & EV
DER(3)6.37%
DER(5)7.08%
Volume1.05M
Volume Incr-27.15%
Vol(5)1.45M
Vol(50)2.21M