We assign a technical rating of 0 out of 10 to TKNO. TKNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TKNO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for TKNO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.85
When analyzing the support we notice one important area.
- Support @3.89 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @4.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.27 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.73 from a trend line in the weekly time frame.
- Resistance @4.81 from a horizontal line in the weekly time frame.
- Resistance @5.40 from a trend line in the weekly time frame.
- Resistance @5.88 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 TKNO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TKNO is down. |
| ChartMill Relative Strength | 9.71 | NEGATIVE | TKNO has a low relative strength, it was outperformed by 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TKNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TKNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.51 | NEUTRAL | The RSI value for TKNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TKNO has a positive trend. |
| Stochastics (14,3) | 42.01 | NEUTRAL | The Stochastics value for TKNO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for TKNO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for TKNO suggests a strong trend. |
4.19
+0.18 (+4.49%)
ALPHA TEKNOVA INC / TKNO FAQ
Can you provide the ChartMill technical rating for ALPHA TEKNOVA INC?
ChartMill assigns a technical rating of 0 / 10 to TKNO.
What is the trend direction for TKNO stock?
The current trend direction for ALPHA TEKNOVA INC (TKNO) is Bearish.
What is the RSI signal for TKNO stock?
ALPHA TEKNOVA INC (TKNO) has an RSI value of 46.508. This indicates that the stock is currently neutral.
What is the MACD signal for TKNO stock?
The MACD indicator for ALPHA TEKNOVA INC (TKNO) has a value of 0.0135631, indicating a bearish trend.
Can you provide the buy/sell signal for ALPHA TEKNOVA INC?
The buy/sell signal for ALPHA TEKNOVA INC (TKNO) is sell as both the short term and long term trends are negative.