VIKING THERAPEUTICS INC (VKTX) Stock Technical Analysis
NASDAQ:VKTX - Nasdaq - US92686J1060 - Common Stock - Currency: USD
Taking everything into account, VKTX scores 2 out of 10 in our technical rating. VKTX 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 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.
92% of all other stocks performed better in the past year than VKTX.
VKTX is one of the lesser performing stocks in the Biotechnology industry. 61% of 559 stocks in the same industry do better.
VKTX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VKTX is lagging the market.
In the last month VKTX has a been trading in the 25.61 - 30.17 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
VKTX has an average volume of 3865700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of VKTX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.00
29.78
We found 3 important support areas.
- Support @26.07 from a horizontal line in the daily time frame.
- Support @23.76 from a trend line in the weekly time frame.
- Support @22.22 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.49 to 28.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.36 to 29.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VKTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VKTX is neutral. |
| ChartMill Relative Strength | 8.39 | NEGATIVE | VKTX has a low relative strength, it was outperformed by 91.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VKTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VKTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VKTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.85 | NEUTRAL | The RSI value for VKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VKTX has a negative trend. |
| Stochastics (14,3) | 48.91 | NEUTRAL | The Stochastics value for VKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for VKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for VKTX 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)
26.08
-2.5 (-8.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.75%
1 Week-6.29%
2 Weeks-2.69%
1 Month-4.82%
3 Month-15.57%
6 Month-44.55%
12 Month-49.87%
2 Year60.89%
3 Year802.42%
5 Year261.72%
10 Year265.27%
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%5.8%
ATR Inc35.41%
Range Today2.58
ADR(20)1.41
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.39
Mansfield-4.46
10 Day High30.17
10 Day Low25.61
20 Day High30.17
20 Day Low25.61
52 Week High81.73
52 Week Low18.92
CS1 End26.07
CR1 Start27.49
Volume & EV
DER(3)-0.73%
DER(5)0.23%
Volume6.10M
Volume Incr61.24%
Vol(5)4.23M
Vol(50)3.87M