Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Viking Therapeutics, Inc. (NASDAQ:VKTX)
Sidelines Mode (+55) - VKTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VKTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VKTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VKTX
The long-term trend has been UP since Jul 6th, 2022 at 3.2400
The intermediate-term trend has been DOWN since May 25th, 2023 at 20.5338
The short-term trend has been UP since May 23rd, 2023 at 24.5500
Smart Scan Analysis for VKTX
Based on our trend formula, VKTX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24||Year High Date||2018-09-18|
|Year Low||3.69||Year Low Date||2018-04-27|
|52wk High||25.7199||52wk High Date||2023-05-23|
|52wk Low||2.02||52wk Low Date||2022-06-16|
|Average Volume||3,263,811||Shares Outstanding||99,582|