OKYO PHARMA LTD (OKYO) Technical Analysis
NASDAQ:OKYO • GG00BMFG5F62
Current stock price
1.59 USD
-0.06 (-3.64%)
At close:
1.56 USD
-0.03 (-1.89%)
After Hours:
OKYO Technical Rating and Analysis
Overall OKYO gets a technical rating of 0 out of 10. OKYO 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, OKYO is a bad performer in the overall market: 63% of all stocks are doing better.
- OKYO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OKYO has a been trading in the 1.44 - 1.73 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- OKYO is part of the Biotechnology industry. There are 516 other stocks in this industry, OKYO did better than 41% of them.
OKYO Weekly and Daily overview Charts
OKYO Setup Rating and Analysis
Although the technical rating is bad, OKYO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone.
More info and screens
OKYO Support and Resistance Analysis
1.25
3.05
2 important support areas can be observed.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.26 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @1.64 from a trend line in the daily time frame.
- A resistance zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.44 from a trend line in the weekly time frame.
- Resistance @2.74 from a horizontal line in the weekly time frame.
- Resistance @3.02 from a trend line in the daily time frame.
OKYO 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 | DOWN | NEGATIVE | The long term trend for OKYO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OKYO is neutral. |
| ChartMill Relative Strength | 37.47 | NEUTRAL | OKYO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OKYO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OKYO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OKYO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.88 | NEUTRAL | The RSI value for OKYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OKYO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.52 | NEUTRAL | The Stochastics value for OKYO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.95 | HIGH VOLATILITY | The high ATR as a percentage value for OKYO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for OKYO suggests a possible start of a new trend. |
OKYO 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)
OKYO Technicals: Chart, Performance Metrics, Trend & Indicators
1.59
-0.06 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.64%
1 Week0.63%
2 Weeks-4.22%
1 Month-1.85%
3 Month-28.05%
6 Month-29.02%
12 Month30.33%
2 Year6%
3 Year26.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.95%
ATR Inc-30.26%
Range Today0.06
ADR(20)0.14
ADR(20)%8.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.47
3 months CRS11.37
6 months CRS15.66
Mansfield-3.1
10 Day High1.72
10 Day Low1.47
20 Day High1.73
20 Day Low1.44
52 Week High3.35
52 Week Low1.14
CS1 End1.51
CR1 Start1.64
Volume & EV
DER(3)-0.76%
DER(5)-3.98%
Volume55.00K
Volume Incr59.68%
Vol(5)139.78K
Vol(50)212.28K
OKYO PHARMA LTD / OKYO TA FAQ
What is the ChartMill technical rating of OKYO PHARMA LTD (OKYO) stock?
ChartMill assigns a technical rating of 0 / 10 to OKYO.
What is the trend direction for OKYO stock?
The current trend direction for OKYO PHARMA LTD (OKYO) is Bearish.
What is the RSI signal for OKYO stock?
OKYO PHARMA LTD (OKYO) has an RSI value of 46.882. This indicates that the stock is currently neutral.
What is the MACD signal for OKYO stock?
The MACD indicator for OKYO PHARMA LTD (OKYO) has a value of 0.0118541, indicating a bearish trend.