VIKING THERAPEUTICS INC (VKTX)

US92686J1060 - Common Stock

74.31  +5.45 (+7.91%)

After market: 74.4 +0.09 (+0.12%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to VKTX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that VKTX is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by VKTX over the past year are nicely spread over this period.
VKTX is part of the Biotechnology industry. There are 588 other stocks in this industry. VKTX outperforms 98% of them.
VKTX has an average volume of 7148970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 61.64 - 82.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
VKTX Weekly chart
VKTX Daily chart
Setup Rating and Analysis

2

Although VKTX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

61.93

84.17

2 important support areas can be observed.

  • A support zone ranging from 66.65 to 68.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 62.56 to 63.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @83.34 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.44
Mansfield15.66
10 Day High74.64
10 Day Low61.64
20 Day High82
20 Day Low61.64
52 Week High99.41
52 Week Low8.28
Performance
1 Week17.17%
2 Weeks8.29%
1 Month-9.38%
3 Month247.73%
6 Month704.22%
12 Month248.71%
2 Year3022.27%
3 Year1062.91%
5 Year849.04%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.38
RSI(14)58.75
LBB61.2
UBB74.57
VKTX Daily chart

VIKING THERAPEUTICS INC

NASDAQ:VKTX (4/26/2024, 7:22:45 PM)

After market: 74.4 +0.09 (+0.12%)

74.31

+5.45 (+7.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.91%
1 Week17.17%
2 Weeks8.29%
1 Month-9.38%
3 Month247.73%
6 Month704.22%
12 Month248.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.73
ATR(20)%5.57%
ATR Inc
Range Today6.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.64
10 Day Low61.64
20 Day High82
20 Day Low61.64
52 Week High99.41
52 Week Low8.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.54M
Volume Incr-29.76%
Vol(5)2.65M
Vol(50)7.15M