1.89 USD
-0.17 (-8.25%)
2.02 USD
+0.13 (+6.88%)
Overall OKYO gets a technical rating of 2 out of 10. Although OKYO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month OKYO has a been trading in the 1.71 - 2.54 range, which is quite wide. It is currently trading near the lows of this range.
OKYO is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 529 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that OKYO is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
OKYO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OKYO is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of OKYO is bad and it also does not present a 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.
More info and screens
1.19
2.61
When analyzing the support we can see 3 important areas.
- Support @1.88 from a horizontal line in the weekly time frame.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.20 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.14 to 2.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.43 from a trend line in the weekly time frame.
- Resistance @2.58 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for OKYO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OKYO is neutral. |
| ChartMill Relative Strength | 90.7 | POSITIVE | OKYO has a high relative strength, it outperformed 90.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OKYO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OKYO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OKYO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.03 | NEUTRAL | The RSI value for OKYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OKYO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.68 | NEUTRAL | The Stochastics value for OKYO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for OKYO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for OKYO suggests a weak or negative trend. |
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)
1.89
-0.17 (-8.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.25%
1 Week-1.05%
2 Weeks1.61%
1 Month-15.78%
3 Month-4.55%
6 Month-20.25%
12 Month78.3%
2 Year6.78%
3 Year-1.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%11.65%
ATR Inc-3.76%
Range Today0.17
ADR(20)0.21
ADR(20)%11.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.7
3 months CRS31.74
6 months CRS13.3
Mansfield-0.93
10 Day High2.4
10 Day Low1.71
20 Day High2.54
20 Day Low1.71
52 Week High3.35
52 Week Low0.9
CS1 End1.88
CR1 Start2.14
Volume & EV
DER(3)-9.16%
DER(5)-8.92%
Volume53.40K
Volume Incr62.54%
Vol(5)246.42K
Vol(50)167.75K
OKYO PHARMA LTD / OKYO FAQ
What is the ChartMill technical rating of OKYO PHARMA LTD (OKYO) stock?
ChartMill assigns a technical rating of 2 / 10 to OKYO.
Can you provide the trend direction for OKYO PHARMA LTD?
The current trend direction for OKYO PHARMA LTD (OKYO) is Bearish.
Can you provide the RSI signal for OKYO PHARMA LTD?
OKYO PHARMA LTD (OKYO) has an RSI value of 43.0318. This indicates that the stock is currently neutral.
What is the short term momentum for OKYO stock?
The short term momentum for OKYO PHARMA LTD (OKYO) is neutral.