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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Inhibikase Therapeutics, Inc. (NASDAQ:IKT)

Countertrend Down (-85) - IKT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid IKT?

MarketClub looks at technical strength and momentum to determine if the timing is right for IKT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IKT
Open High Low IKT Price Change
1.280 1.550 1.310 1.425 +0.165
Entry Signal

MarketClub’s Trade Triangles for IKT

long term down The long-term trend has been DOWN since May 7th, 2024 at 1.29

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 2.12

short term up The short-term trend has been UP since May 8th, 2024 at 1.51

Smart Scan Analysis for IKT

Based on our trend formula, IKT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IKT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.280 1.550 1.310 1.425 +0.165
Prev. Close Volume Bid Ask Time
1.260 33681 2024-05-08 14:08:59
52wk High4.351252wk High Date2023-06-02
52wk Low0.7952wk Low Date2023-10-10
Average Volume65,642Shares Outstanding6,477
Assets14,506,647MLiabilities3,528,725M
P/E Ratio-0.87200000
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