2.03 USD
+0.16 (+8.56%)
2.03 USD
0 (0%)
Taking everything into account, OKYO scores 4 out of 10 in our technical rating. Although OKYO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, we notice that OKYO is one of the better performing stocks in the market, outperforming 92% of all stocks.
OKYO is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 529 stocks in the same industry.
OKYO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OKYO is lagging the market.
In the last month OKYO has a been trading in the 1.71 - 2.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
OKYO has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.19
2.58
When analyzing the support we can see 4 important areas.
- Support @1.90 from a horizontal line in the weekly time frame.
- Support @1.82 from a horizontal line in the daily time frame.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.20 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.16 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.43 from a trend line in the weekly time frame.
- Resistance @2.55 from a trend line in the daily time frame.
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 | 92.67 | POSITIVE | OKYO has a high relative strength, it outperformed 92.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKYO is above the rising 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) | UP | MIXED | The current price of OKYO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.72 | 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. |
| Stochastics (14,3) | 28.99 | NEUTRAL | The Stochastics value for OKYO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.82 | HIGH VOLATILITY | The high ATR as a percentage value for OKYO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for OKYO 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)
2.03
+0.16 (+8.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.56%
1 Week-1.46%
2 Weeks6.28%
1 Month6.28%
3 Month2.53%
6 Month-14.35%
12 Month91.51%
2 Year14.69%
3 Year6.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%10.82%
ATR Inc-26.14%
Range Today0.19
ADR(20)0.21
ADR(20)%10.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.67
3 months CRS69.29
6 months CRS16.7
Mansfield-0.27
10 Day High2.4
10 Day Low1.75
20 Day High2.54
20 Day Low1.71
52 Week High3.35
52 Week Low0.9
CS1 End1.9
CR1 Start2.16
Volume & EV
DER(3)0.25%
DER(5)-13.4%
Volume102.50K
Volume Incr-67.45%
Vol(5)60.18K
Vol(50)159.52K
OKYO PHARMA LTD / OKYO FAQ
What is the ChartMill technical rating of OKYO PHARMA LTD (OKYO) stock?
ChartMill assigns a technical rating of 4 / 10 to OKYO.
Can you provide the trend direction for OKYO PHARMA LTD?
The current trend direction for OKYO PHARMA LTD (OKYO) is Bearish.
Can you provide the RSI signal for OKYO PHARMA LTD?
OKYO PHARMA LTD (OKYO) has an RSI value of 49.7186. This indicates that the stock is currently neutral.
What is the short term momentum for OKYO stock?
The short term momentum for OKYO PHARMA LTD (OKYO) is neutral.