ONKURE THERAPEUTICS INC-A (OKUR) Technical Analysis
NASDAQ:OKUR • US68277Q1058
Taking everything into account, OKUR scores 6 out of 10 in our technical rating. In the last year, OKUR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 72% of all other stocks performed better in the past year than OKUR.
- 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.
- In the last month OKUR has a been trading in the 2.35 - 3.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- OKUR is an average performer in the Biotechnology industry, it outperforms 44% of 519 stocks in the same industry.
- OKUR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OKUR is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OKUR has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
2.35
When analyzing the support we can see 2 important areas.
- Support @2.48 from a trend line in the weekly time frame.
- A support zone ranging from 2.37 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.54 to 3.58. 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 | NEUTRAL | NEUTRAL | The long term trend for OKUR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKUR is up. |
| ChartMill Relative Strength | 28.25 | NEGATIVE | OKUR has a low relative strength, it was outperformed by 71.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OKUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.24 | OVERBOUGHT | The high RSI value suggests OKUR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests OKUR has a positive trend. |
| Stochastics (14,3) | 85.01 | OVERBOUGHT | The high Stochastics value suggests OKUR may be overbought. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for OKUR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for OKUR suggests a strong trend. |
OKUR Technicals: Chart, Performance Metrics, Trend & Indicators
3.53
-0.01 (-0.28%)
ONKURE THERAPEUTICS INC-A / OKUR FAQ
Can you provide the ChartMill technical rating for ONKURE THERAPEUTICS INC-A?
ChartMill assigns a technical rating of 6 / 10 to OKUR.
What is the trend direction for OKUR stock?
The current trend direction for ONKURE THERAPEUTICS INC-A (OKUR) is Bearish.
Can you provide the RSI signal for ONKURE THERAPEUTICS INC-A?
ONKURE THERAPEUTICS INC-A (OKUR) has an RSI value of 72.2412. This indicates that the stock is currently overbought.
What is the short term momentum for ONKURE THERAPEUTICS INC-A (OKUR) stock?
The short term momentum for ONKURE THERAPEUTICS INC-A (OKUR) is positive.