Taking everything into account, NKTX scores 0 out of 10 in our technical rating. NKTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, NKTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.78, a Stop Loss order could be placed below this zone.
More info and screens
1.68
2 important support areas can be observed.
- A support zone ranging from 1.78 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.82 to 1.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.89 to 1.93. 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 NKTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NKTX is down. |
| ChartMill Relative Strength | 16.14 | NEGATIVE | NKTX has a low relative strength, it was outperformed by 83.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NKTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NKTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.12 | NEUTRAL | The RSI value for NKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NKTX has a positive trend. |
| Stochastics (14,3) | 31.37 | NEUTRAL | The Stochastics value for NKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for NKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for NKTX suggests a weak or negative trend. |
1.8
+0.01 (+0.56%)
NKARTA INC / NKTX FAQ
What is the ChartMill technical rating of NKARTA INC (NKTX) stock?
ChartMill assigns a technical rating of 0 / 10 to NKTX.
Can you provide the trend direction for NKARTA INC?
The current trend direction for NKARTA INC (NKTX) is Bearish.
What is the RSI signal for NKARTA INC (NKTX) stock?
NKARTA INC (NKTX) has an RSI value of 44.1186. This indicates that the stock is currently neutral.
What is the short term momentum for NKTX stock?
The short term momentum for NKARTA INC (NKTX) is negative.
What is the support and resistance level for NKTX stock?
NKARTA INC (NKTX) has a support level at 1.78 and a resistance level at 1.82. Check the full technical report for our detailed analysis of NKTX support and resistance levels.