INHIBIKASE THERAPEUTICS INC (IKT)

US45719W2052 - Common Stock

2.01  +0.03 (+1.52%)

Technical Rating and Analysis

6

Taking everything into account, IKT scores 6 out of 10 in our technical rating. 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.

In the last month IKT has a been trading in the 1.88 - 3.69 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.
IKT is part of the Biotechnology industry. There are 565 other stocks in this industry. IKT outperforms 92% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, IKT did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
Weekly and Daily overview Charts
IKT Weekly chart
IKT Daily chart
Setup Rating and Analysis

4

IKT has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

1.14

2.03

3 important support areas can be observed.

  • A support zone ranging from 1.94 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.23 from a trend line in the weekly 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.

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
CRS96.38
Mansfield0.14
10 Day High3.69
10 Day Low1.88
20 Day High3.69
20 Day Low1.88
52 Week High3.82
52 Week Low0.85
Performance
1 Week-18.18%
2 Weeks-26.39%
1 Month-18.52%
3 Month38.46%
6 Month9.39%
12 Month127.59%
2 Year-45.47%
3 Year-83.5%
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)-0.14
RSI(14)40.88
LBB1.8
UBB3.17
IKT Daily chart

INHIBIKASE THERAPEUTICS INC

NASDAQ:IKT (11/21/2024, 4:18:02 PM)

2.01

+0.03 (+1.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.52%
1 Week-18.18%
2 Weeks-26.39%
1 Month-18.52%
3 Month38.46%
6 Month9.39%
12 Month127.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%15.78%
ATR Inc
Range Today0.28
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 High3.69
10 Day Low1.88
20 Day High3.69
20 Day Low1.88
52 Week High3.82
52 Week Low0.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume249.31K
Volume Incr-51.22%
Vol(5)185.48K
Vol(50)617.59K