VIKING THERAPEUTICS INC (VKTX) Technical Analysis
NASDAQ:VKTX • US92686J1060
Current stock price
VKTX Technical Rating and Analysis
Taking everything into account, VKTX scores 4 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.
- VKTX has an average volume of 2997280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, VKTX outperforms 53% of them, which is more or less in line with the market.
- VKTX is an average performer in the Biotechnology industry, it outperforms 51% of 517 stocks in the same industry.
- VKTX is currently trading in the middle 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 slightly.
- In the last month VKTX has a been trading in the 30.19 - 37.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VKTX Weekly and Daily overview Charts
VKTX Setup Rating and Analysis
VKTX has an average technical rating and it also does not offer a high 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
27.01
4 important support areas can be observed.
- Support @29.48 from a trend line in the weekly time frame.
- Support @28.44 from a horizontal line in the weekly time frame.
- Support @27.99 from a trend line in the weekly time frame.
- Support @27.28 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 34.42 to 34.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 35.64 to 36.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.84 from a trend line in the weekly time frame.
- Resistance @38.91 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for VKTX is neutral. |
| ChartMill Relative Strength | 53.98 | NEUTRAL | VKTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VKTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VKTX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VKTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46 | NEUTRAL | The RSI value for VKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests VKTX has a negative trend. |
| Stochastics (14,3) | 42.09 | NEUTRAL | The Stochastics value for VKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for VKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for VKTX suggests a weak or negative trend. |
VKTX Chart- and CandleStick Pattern Analysis
VKTX Technicals: Chart, Performance Metrics, Trend & Indicators
32.33
-1.59 (-4.69%)
VIKING THERAPEUTICS INC / VKTX TA FAQ
What is the ChartMill technical rating of VIKING THERAPEUTICS INC (VKTX) stock?
ChartMill assigns a technical rating of 4 / 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 VKTX stock?
VIKING THERAPEUTICS INC (VKTX) has an RSI value of 45.9964. This indicates that the stock is currently neutral.
What is the MACD signal for VIKING THERAPEUTICS INC (VKTX) stock?
The MACD indicator for VIKING THERAPEUTICS INC (VKTX) has a value of -0.144732, indicating a bearish trend.
Can you provide the support and resistance levels for VIKING THERAPEUTICS INC?
VIKING THERAPEUTICS INC (VKTX) has a support level at 29.48 and a resistance level at 34.42. Check the full technical report for our detailed analysis of VKTX support and resistance levels.