CYTOKINETICS INC. - Daily - Technical analysis published on 09/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 13.02 USD
My targets
13.99 USD (+1.01%)
15.65 USD (+13.00%)
My analysis
The bullish trend is currently very strong on CYTOKINETICS INC.. As long as the price remains above the support at 13.02 USD, you could try to benefit from the boom. The first bullish objective is located at 13.99 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.65 USD as an objective. Crossing it would then enable buyers to target 16.98 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CYTOKINETICS INC. price is 13.85 USD. On the day, this instrument lost -1.42% and was traded between 13.85 USD and 14.30 USD over the period. The price is currently at 0% from its lowest and -3.15% from its highest.13.85
14.30
13.85
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CYTOKINETICS INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.99 | 10.80 | 13.02 | 13.85 | 13.99 | 15.65 | 16.98 |
| Change (%) | -27.87% | -22.02% | -5.99% | - | +1.01% | +13.00% | +22.60% |
| Change | -3.86 | -3.05 | -0.83 | - | +0.14 | +1.80 | +3.13 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.47 | 13.70 | 13.87 | 14.10 | 14.27 | 14.50 | 14.67 |
| Camarilla | 13.94 | 13.98 | 14.01 | 14.05 | 14.09 | 14.12 | 14.16 |
| Woodie | 13.45 | 13.69 | 13.85 | 14.09 | 14.25 | 14.49 | 14.65 |
| Fibonacci | 13.70 | 13.85 | 13.94 | 14.10 | 14.25 | 14.34 | 14.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.20 | 11.90 | 12.97 | 13.67 | 14.74 | 15.44 | 16.51 |
| Camarilla | 13.56 | 13.73 | 13.89 | 14.05 | 14.21 | 14.37 | 14.54 |
| Woodie | 11.40 | 11.99 | 13.17 | 13.76 | 14.94 | 15.53 | 16.71 |
| Fibonacci | 11.90 | 12.57 | 12.99 | 13.67 | 14.34 | 14.76 | 15.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.27 | 11.18 | 12.61 | 13.52 | 14.95 | 15.86 | 17.29 |
| Camarilla | 13.41 | 13.62 | 13.84 | 14.05 | 14.27 | 14.48 | 14.69 |
| Woodie | 10.54 | 11.31 | 12.88 | 13.65 | 15.22 | 15.99 | 17.56 |
| Fibonacci | 11.18 | 12.07 | 12.62 | 13.52 | 14.41 | 14.96 | 15.86 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.71 | |
| MACD (12,26,9): | 0.5100 | |
| Directional Movement: | 4.79 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 14.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.34 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 12.07 | |
| Zig ZAG (10): | 13.99 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 82.77 | |
| TEMA (21): | 14.16 | |
| Williams %R (14): | -24.64 | |
| Chande Momentum Oscillator (20): | 1.41 | |
| Repulse (5,40,3): | -2.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6000 | |
| Courbe Coppock: | 12.11 |
| MA7: | 13.84 | |
| MA20: | 13.52 | |
| MA50: | 12.29 | |
| MA100: | 11.00 | |
| MAexp7: | 13.88 | |
| MAexp20: | 13.44 | |
| MAexp50: | 12.46 | |
| MAexp100: | 11.29 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | +2.44% | |
| Price / MA50: | +12.69% | |
| Price / MA100: | +25.91% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | +3.05% | |
| Price / MAexp50: | +11.16% | |
| Price / MAexp100: | +22.67% |
News
The latest news and videos published on CYTOKINETICS INC. at the time of the analysis were as follows:
- Cytokinetics, Incorporated to Host Earnings Call
-
Cytokinetics, Inc - CYTK Stock Chart Technical Analysis for 11-21-17
- Cytokinetics, Incorporated to Host Earnings Call
- Investor Network: Cytokinetics, Incorporated to Host Earnings Call
-
Cytokinetics
This member declared not having a position on this financial instrument or a related financial instrument.
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