OKYO PHARMA LTD (OKYO) Stock Technical Analysis
NASDAQ:OKYO - Nasdaq - GG00BMFG5F62 - Common Stock - Currency: USD
Overall OKYO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OKYO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
OKYO is part of the Biotechnology industry. There are 561 other stocks in this industry. OKYO outperforms 94% of them.
OKYO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OKYO is performing more or less in line with the market.
Looking at the yearly performance, OKYO did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month OKYO has a been trading in the 1.31 - 1.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although OKYO has an excellent technical rating, it does not present a decent entry opportunity 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
1.01
1.86
We found 4 important support areas.
- A support zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.09 from a trend line in the weekly time frame.
- A support zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.02 from a horizontal 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 | UP | POSITIVE | The long term trend for OKYO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKYO is up. |
| ChartMill Relative Strength | 96.01 | POSITIVE | OKYO has a high relative strength, it outperformed 96.01% 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) | UP | POSITIVE | The current price of OKYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKYO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65 | NEUTRAL | The RSI value for OKYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OKYO has a positive trend. |
| Stochastics (14,3) | 76.51 | NEUTRAL | The Stochastics value for OKYO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for OKYO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for OKYO suggests a strong 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)
1.84
+0.19 (+11.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg11.52%
1 Week32.37%
2 Weeks24.32%
1 Month21.72%
3 Month65.02%
6 Month75.24%
12 Month39.39%
2 Year17.95%
3 Year-10.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.78%
ATR Inc143.69%
Range Today0.28
ADR(20)0.14
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.01
Mansfield4.92
10 Day High1.98
10 Day Low1.32
20 Day High1.98
20 Day Low1.31
52 Week High1.98
52 Week Low0.81
CS1 End1.41
CR1 StartN/A
Volume & EV
DER(3)-3.31%
DER(5)6.22%
Volume136.20K
Volume Incr-15.97%
Vol(5)75.34K
Vol(50)73.21K