INHIBIKASE THERAPEUTICS INC (IKT) Stock Technical Analysis
NASDAQ:IKT - Nasdaq - US45719W2052 - Common Stock
We assign a technical rating of 4 out of 10 to IKT. In the last year, IKT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
IKT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
IKT is one of the better performing stocks in the Biotechnology industry, it outperforms 74% of 572 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, IKT turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
IKT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IKT is lagging the market.
Considerably lower volume is observed in the last couple of days.
IKT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.14
3.41
We found 4 important support areas.
- A support zone ranging from 2.76 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.71 from a horizontal line in the weekly time frame.
- Support @2.65 from a horizontal line in the daily time frame.
- A support zone ranging from 1.15 to 1.16. 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 @3.38 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.92
Mansfield2.75
10 Day High3.47
10 Day Low2.55
20 Day High3.88
20 Day Low2.55
52 Week High4.2
52 Week Low1.12
Performance
1 Week5.64%
2 Weeks-15.36%
1 Month-23.01%
3 Month16.12%
6 Month76.18%
12 Month-5.07%
2 Year-33.65%
3 Year-66.55%
5 YearN/A
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)-0.07
RSI(14)45.17
LBB2.49
UBB3.49
INHIBIKASE THERAPEUTICS INC
NASDAQ:IKT (1/21/2025, 8:07:19 PM)
After market: 2.99 +0.18 (+6.41%)2.81
+0.09 (+3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.31%
1 Week5.64%
2 Weeks-15.36%
1 Month-23.01%
3 Month16.12%
6 Month76.18%
12 Month-5.07%
2 Year-33.65%
3 Year-66.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%11.06%
ATR Inc-24.27%
Range Today0.27
ADR(20)0.31
ADR(20)%11.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.92
Mansfield2.75
10 Day High3.47
10 Day Low2.55
20 Day High3.88
20 Day Low2.55
52 Week High4.2
52 Week Low1.12
CS1 End2.76
CR1 Start3.38
Volume & EV
DER(3)-4.81%
DER(5)-9.02%
Volume126.30K
Volume Incr-78.59%
Vol(5)85.68K
Vol(50)323.45K