Nektar Therapeutics Technical Analysis (NASDAQ:NKTR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The NKTR stock chart pattern can give those who understand technical analysis an indication of which way NKTR stock is headed, but cannot predict with 100% certainty as to what can happen to the Nektar Therapeutics stock price.
See Nektar Therapeutics bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Nektar Therapeutics stock analysis.
Nektar Therapeutics Moving Average
Moving averages show the NKTR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $63.82 is above the price of $58.44.
Nektar Therapeutics Bollinger Bands
Bollinger bands comprise of a center line usually NKTR SMA, and two NKTR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $58.44 is in the lower range of Nektar Therapeutics bollinger bands.
Nektar Therapeutics Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Nektar Therapeutics MACD line is above the signal line.
Nektar Therapeutics Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of NKTR stock is 22.42.