Logo image of KDNY

CHINOOK THERAPEUTICS INC (KDNY) Stock Technical Analysis

NASDAQ:KDNY - Nasdaq - US16961L1061 - Common Stock - Currency: USD

40.39  +0.09 (+0.22%)

After market: 40.32 -0.07 (-0.17%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to KDNY. Both in the recent history as in the last year, KDNY has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that KDNY is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, KDNY also shows a nice and consistent pattern of rising prices.
KDNY is part of the Biotechnology industry. There are 571 other stocks in this industry. KDNY outperforms 98% of them.
A new 52 week high is currently being made by KDNY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
KDNY has an average volume of 2321130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month KDNY has a been trading in a tight range between 38.86 and 40.51.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CHINOOK THERAPEUTICS INC / KDNY Weekly stock chart
CHINOOK THERAPEUTICS INC / KDNY Daily stock chart
Setup Rating and Analysis

3

Although KDNY has an excellent technical rating, it does not offer a high quality setup 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

19.72

40.80

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 38.89 to 38.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @32.83 from a trend line in the daily time frame.
  • Support @22.01 from a trend line in the weekly time frame.
  • Support @20.50 from a trend line in the weekly time frame.
  • Support @19.92 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 40.40 to 40.40. 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
CRS98.56
Mansfield4.61
10 Day High40.51
10 Day Low38.95
20 Day High40.51
20 Day Low38.86
52 Week High40.51
52 Week Low18.34
Performance
1 Week0.25%
2 Weeks3.75%
1 Month2.98%
3 Month72.68%
6 Month67.38%
12 Month95.69%
2 YearN/A
3 YearN/A
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)-0.18
RSI(14)78.49
LBB38.59
UBB40.98
CHINOOK THERAPEUTICS INC / KDNY Daily stock chart

CHINOOK THERAPEUTICS INC

NASDAQ:KDNY (8/10/2023, 8:00:03 PM)

After market: 40.32 -0.07 (-0.17%)

40.39

+0.09 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.22%
1 Week0.25%
2 Weeks3.75%
1 Month2.98%
3 Month72.68%
6 Month67.38%
12 Month95.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%0.68%
ATR Inc-56.05%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.56
Mansfield4.61
10 Day High40.51
10 Day Low38.95
20 Day High40.51
20 Day Low38.86
52 Week High40.51
52 Week Low18.34
CS1 End38.89
CR1 Start40.4
Volume & EV
DER(3)4.01%
DER(5)-0.03%
Volume4.92M
Volume Incr142.23%
Vol(5)4.23M
Vol(50)2.32M