NKARTA INC (NKTX) Technical Analysis
NASDAQ:NKTX • US65487U1088
Current stock price
2.8 USD
+0.38 (+15.7%)
At close:
2.8 USD
0 (0%)
Pre-Market:
NKTX Technical Rating and Analysis
Taking everything into account, NKTX scores 9 out of 10 in our technical rating. NKTX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, NKTX did better than 88% of all other stocks.
- NKTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NKTX has a been trading in the 1.96 - 2.81 range, which is quite wide. It is currently trading near the high of this range.
- NKTX is an average performer in the Biotechnology industry, it outperforms 66% of 516 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NKTX Weekly and Daily overview Charts
NKTX Setup Rating and Analysis
Although NKTX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NKTX Support and Resistance Analysis
1.90
2.83
5 important support areas can be observed.
- A support zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.12 from a trend line in the weekly time frame.
- Support @2.04 from a trend line in the daily time frame.
- Support @1.96 from a horizontal line in the daily time frame.
- Support @1.92 from a trend line in the weekly time frame.
NKTX Technical Indicator Signal Analysis
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 NKTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKTX is up. |
| ChartMill Relative Strength | 88.15 | POSITIVE | NKTX has a high relative strength, it outperformed 88.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NKTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.53 | NEUTRAL | The RSI value for NKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NKTX has a positive trend. |
| Stochastics (14,3) | 88.35 | OVERBOUGHT | The high Stochastics value suggests NKTX may be overbought. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for NKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for NKTX suggests a weak or negative trend. |
NKTX Chart- and CandleStick Pattern Analysis
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)
NKTX Technicals: Chart, Performance Metrics, Trend & Indicators
2.8
+0.38 (+15.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg15.7%
1 Week19.66%
2 Weeks27.85%
1 Month25%
3 Month37.25%
6 Month21.74%
12 Month54.7%
2 Year-58.08%
3 Year-43.43%
5 Year-91.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.77%
ATR Inc86.06%
Range Today0.36
ADR(20)0.15
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.15
3 months CRS95.77
6 months CRS84.7
Mansfield2.56
10 Day High2.82
10 Day Low2.13
20 Day High2.82
20 Day Low1.96
52 Week High2.82
52 Week Low1.63
CS1 End2.25
CR1 StartN/A
Volume & EV
DER(3)9.09%
DER(5)6.9%
Volume1.69M
Volume Incr55.55%
Vol(5)876.72K
Vol(50)672.63K
NKARTA INC / NKTX TA FAQ
What is the ChartMill technical rating of NKARTA INC (NKTX) stock?
ChartMill assigns a technical rating of 9 / 10 to NKTX.
What is the current trend direction of NKARTA INC (NKTX) stock?
The current trend direction for NKARTA INC (NKTX) is Bearish.
Can you provide the RSI signal for NKARTA INC?
NKARTA INC (NKTX) has an RSI value of 68.529. This indicates that the stock is currently neutral.
What is the short term momentum for NKARTA INC (NKTX) stock?
The short term momentum for NKARTA INC (NKTX) is positive.