Tokai Pharmaceuticals Inc. (TKAI) Technical Analysis
NASDAQ:TKAI
Current stock price
TKAI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TKAI. TKAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than TKAI.
- TKAI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TKAI has a been trading in the 0.52 - 0.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TKAI Weekly and Daily overview Charts
TKAI Setup Rating and Analysis
Although the technical rating is bad, TKAI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
TKAI Support and Resistance Analysis
0.60
We can see 2 important resistance areas.
- Resistance @0.65 from a horizontal line in the daily time frame.
- Resistance @0.82 from a trend line in the daily time frame.
TKAI 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 TKAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TKAI is down. |
| ChartMill Relative Strength | 3.55 | NEGATIVE | TKAI has a low relative strength, it was outperformed by 96.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TKAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TKAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.26 | NEUTRAL | The RSI value for TKAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TKAI has a positive trend. |
| Stochastics (14,3) | 67.22 | NEUTRAL | The Stochastics value for TKAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.2 | HIGH VOLATILITY | The high ATR as a percentage value for TKAI suggests high volalility. |
TKAI Chart- and CandleStick Pattern Analysis
TKAI Technicals: Chart, Performance Metrics, Trend & Indicators
0.61
-0.03 (-4.69%)
Tokai Pharmaceuticals Inc. / TKAI TA FAQ
What is the ChartMill technical rating of Tokai Pharmaceuticals Inc. (TKAI) stock?
ChartMill assigns a technical rating of 0 / 10 to TKAI.
Can you provide the trend direction for Tokai Pharmaceuticals Inc.?
The current trend direction for Tokai Pharmaceuticals Inc. (TKAI) is Bearish.
Can you provide the RSI signal for Tokai Pharmaceuticals Inc.?
Tokai Pharmaceuticals Inc. (TKAI) has an RSI value of 41.2556. This indicates that the stock is currently neutral.
What is the buy/sell signal for TKAI stock?
The buy/sell signal for Tokai Pharmaceuticals Inc. (TKAI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for Tokai Pharmaceuticals Inc.?
Tokai Pharmaceuticals Inc. (TKAI) has a resistance level at 0.65. Check the full technical report for our detailed analysis of TKAI support and resistance levels.