Overall CYTK gets a technical rating of 6 out of 10. In the last year, CYTK was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, CYTK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 60.17, a Stop Loss order could be placed below this zone.
37.71
3 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The long term trend for CYTK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYTK is neutral. |
| ChartMill Relative Strength | 88.18 | POSITIVE | CYTK has a high relative strength, it outperformed 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CYTK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.05 | NEUTRAL | The RSI value for CYTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests CYTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.88 | NEUTRAL | The Stochastics value for CYTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CYTK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for CYTK suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.51 | 59.80 | 2.71 (4.34%) | 23.07% |
| An entry @62.51. This is a Buy Stop order right above the resistance zone. | An exit @59.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.71 points, which is 4.34%. | For a 1.00% total portfolio risk, you can invest 23.07% of your capital in this trade. |
62.2
+2.38 (+3.98%)
ChartMill assigns a technical rating of 6 / 10 to CYTK.
The current trend direction for CYTOKINETICS INC (CYTK) is Bullish.
CYTOKINETICS INC (CYTK) has an RSI value of 48.0467. This indicates that the stock is currently neutral.
The short term momentum for CYTOKINETICS INC (CYTK) is neutral.