INHIBIKASE THERAPEUTICS INC (IKT)

US45719W2052 - Common Stock

3.2  +0.04 (+1.27%)

After market: 3.27 +0.07 (+2.19%)

Technical Rating and Analysis

9

Taking everything into account, IKT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IKT is showing a nice and steady performance.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are positive. This is a very positive sign.
IKT is part of the Biotechnology industry. There are 568 other stocks in this industry. IKT outperforms 96% of them.
IKT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IKT is performing more or less in line with the market.
Looking at the yearly performance, IKT did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IKT has a been trading in the 1.96 - 4.20 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
IKT Weekly chart
IKT Daily chart
Setup Rating and Analysis

4

IKT has an excellent technical rating, but the quality of the setup is only medium 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

3.48

2 important support areas can be observed.

  • A support zone ranging from 3.15 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • 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 @3.45 from a horizontal line in the weekly 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
CRS98.4
Mansfield5.34
10 Day High4.2
10 Day Low3.02
20 Day High4.2
20 Day Low1.96
52 Week High4.2
52 Week Low1.12
Performance
1 Week-6.98%
2 Weeks-2.44%
1 Month59.2%
3 Month166.67%
6 Month128.57%
12 Month138.81%
2 Year6.67%
3 Year-63.72%
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
RSI(14)55.21
LBB2.57
UBB3.91
IKT Daily chart

INHIBIKASE THERAPEUTICS INC

NASDAQ:IKT (12/20/2024, 8:18:18 PM)

After market: 3.27 +0.07 (+2.19%)

3.2

+0.04 (+1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.27%
1 Week-6.98%
2 Weeks-2.44%
1 Month59.2%
3 Month166.67%
6 Month128.57%
12 Month138.81%
2 Year6.67%
3 Year-63.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%13.19%
ATR Inc43.82%
Range Today0.43
ADR(20)0.41
ADR(20)%12.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.4
Mansfield5.34
10 Day High4.2
10 Day Low3.02
20 Day High4.2
20 Day Low1.96
52 Week High4.2
52 Week Low1.12
CS1 End3.19
CR1 Start3.45
Volume & EV
DER(3)-6.5%
DER(5)-3.28%
Volume1.80M
Volume Incr336.09%
Vol(5)1.10M
Vol(50)398.91K