Technical Analysis for CYTK - Cytokinetics, Incorporated

Grade Last Price % Change Price Change
D 49.86 -2.41% -1.23
CYTK closed down 2.41 percent on Wednesday, November 20, 2024, on 1.28 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -2.41%
Multiple of Ten Bullish Other -2.41%
Inside Day Range Contraction -2.41%
Oversold Stochastic Weakness -2.41%
MACD Bearish Centerline Cross Bearish -4.00%
Multiple of Ten Bullish Other -4.00%
Fell Below 20 DMA Bearish -0.72%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 17 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Possible NR7 about 18 hours ago
Possible Inside Day about 18 hours ago
Down 2 % about 21 hours ago

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Profile

Cytokinetics, Incorporated Description

Cytokinetics, Incorporated, a clinical-stage biopharmaceutical company, focuses on the discovery and development of small molecule therapeutics that modulate muscle function for the potential treatment of serious diseases and medical conditions. Its lead drug candidate from its cardiac muscle contractility program, omecamtiv mecarbil, is in Phase II clinical development for the potential treatment of heart failure. The company also holds an exclusive license worldwide to develop and commercialize omecamtiv mecarbil and related compounds, subject to Cytokinetics' specified development and commercialization participation rights. Cytokinetics is independently developing Tirasemtiv and CK-2127107, which are skeletal muscle activators, as potential treatments for diseases and medical conditions associated with aging, muscle wasting, or neuromuscular dysfunction. Tirasemtiv is in Phase II clinical trials program and has been granted orphan drug designation and fast track status by the U.S. Food and Drug Administration and orphan medicinal product designation by the European Medicines Agency for the potential treatment of amyotrophic lateral sclerosis, a debilitating disease of neuromuscular impairment, in which treatment with tirasemtiv produced potentially clinically relevant pharmacodynamic effects in Phase II trials. The company has a strategic alliance with Amgen Inc. to discover, develop, and commercialize small molecule therapeutics that activate cardiac muscle contractility for applications in the treatment of heart failure. Cytokinetics, Incorporated was founded in 1997 and is headquartered in South San Francisco, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Disease Clinical Development Neuroscience Heart Failure Dysfunction Product Design Orphan Drug Amyotrophic Lateral Sclerosis Cytokine Nervous System Drug Design Molecule Therapeutics Treatment Of Heart Failure Medicinal Product

Is CYTK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 110.0
52 Week Low 30.68
Average Volume 1,228,800
200-Day Moving Average 59.68
50-Day Moving Average 53.86
20-Day Moving Average 53.18
10-Day Moving Average 54.24
Average True Range 2.15
RSI (14) 39.02
ADX 20.11
+DI 16.98
-DI 27.43
Chandelier Exit (Long, 3 ATRs) 52.95
Chandelier Exit (Short, 3 ATRs) 56.08
Upper Bollinger Bands 58.29
Lower Bollinger Band 48.06
Percent B (%b) 0.18
BandWidth 19.25
MACD Line -0.54
MACD Signal Line -0.06
MACD Histogram -0.4806
Fundamentals Value
Market Cap 4.89 Billion
Num Shares 98.1 Million
EPS -5.55
Price-to-Earnings (P/E) Ratio -8.98
Price-to-Sales 989.68
Price-to-Book 31.90
PEG Ratio -0.42
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.81
Resistance 3 (R3) 51.96 51.45 51.49
Resistance 2 (R2) 51.45 50.96 51.38 51.38
Resistance 1 (R1) 50.66 50.65 50.41 50.51 51.27
Pivot Point 50.15 50.15 50.03 50.08 50.15
Support 1 (S1) 49.36 49.66 49.11 49.21 48.45
Support 2 (S2) 48.85 49.35 48.78 48.34
Support 3 (S3) 48.06 48.85 48.24
Support 4 (S4) 47.91