VIKING THERAPEUTICS INC (VKTX) Technical Analysis
NASDAQ:VKTX • US92686J1060
Current stock price
30 USD
-1.18 (-3.78%)
At close:
30.0789 USD
+0.08 (+0.26%)
After Hours:
VKTX Technical Rating and Analysis
Taking everything into account, VKTX scores 1 out of 10 in our technical rating. VKTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month VKTX has a been trading in the 28.82 - 36.79 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 2446840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, VKTX outperforms 44% of them, which is more or less in line with the market.
- VKTX is part of the Biotechnology industry. There are 511 other stocks in this industry, VKTX did better than 48% of them.
- VKTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VKTX is lagging the market.
VKTX Weekly and Daily overview Charts
VKTX Setup Rating and Analysis
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
VKTX Support and Resistance Analysis
27.96
40.43
When analyzing the support we notice one important area.
- A support zone ranging from 28.24 to 28.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 32.70 to 32.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.42 from a horizontal line in the daily time frame.
- Resistance @35.09 from a trend line in the daily time frame.
- Resistance @36.01 from a horizontal line in the daily time frame.
- Resistance @37.41 from a trend line in the weekly time frame.
- Resistance @40.03 from a horizontal line in the weekly time frame.
VKTX 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 | NEUTRAL | NEUTRAL | The long term trend for VKTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VKTX is down. |
| ChartMill Relative Strength | 44.87 | NEUTRAL | VKTX is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of VKTX is below a declining 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) | 33.75 | NEUTRAL | The RSI value for VKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests VKTX has a negative trend. |
| Stochastics (14,3) | 15.87 | OVERSOLD | The low Stochastics value suggests VKTX may be oversold. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for VKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for VKTX suggests a weak or negative trend. |
VKTX Chart- and CandleStick Pattern Analysis
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)
VKTX Technicals: Chart, Performance Metrics, Trend & Indicators
30
-1.18 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.78%
1 Week-8.4%
2 Weeks-14.77%
1 Month-13.79%
3 Month3.31%
6 Month-21.22%
12 Month2.18%
2 Year-51.81%
3 Year36.61%
5 Year472.52%
10 Year2073.91%
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%5.24%
ATR Inc73.67%
Range Today2.25
ADR(20)1.56
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.87
3 months CRS65.3
6 months CRS19.17
Mansfield-1.43
10 Day High35.67
10 Day Low28.82
20 Day High36.79
20 Day Low28.82
52 Week High43.15
52 Week Low22.96
CS1 End28.7
CR1 Start32.7
Volume & EV
DER(3)0.29%
DER(5)1.24%
Volume2.88M
Volume Incr41.78%
Vol(5)3.16M
Vol(50)2.45M
VIKING THERAPEUTICS INC / VKTX TA FAQ
What is the ChartMill technical rating of VIKING THERAPEUTICS INC (VKTX) stock?
ChartMill assigns a technical rating of 1 / 10 to VKTX.
What is the current trend direction of VIKING THERAPEUTICS INC (VKTX) stock?
The current trend direction for VIKING THERAPEUTICS INC (VKTX) is Bearish.
What is the RSI signal for VIKING THERAPEUTICS INC (VKTX) stock?
VIKING THERAPEUTICS INC (VKTX) has an RSI value of 33.7458. This indicates that the stock is currently neutral.
What is the short term momentum for VIKING THERAPEUTICS INC (VKTX) stock?
The short term momentum for VIKING THERAPEUTICS INC (VKTX) is negative.