NASDAQ trade advice (A): US health care stock | 6-8% gain | USA stock trading signal on 9 Jul 2024

Date
July 9, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Stock Trading Signals in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Krystal Biotech
  • 185 – 188
  • 200 – 203
  • Below 180
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    Krystal Biotech
  • Buy
    Range
    185 – 188
  • Target
    200 – 203
  • Stoploss
    Below 180
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Krystal Biotech (NASDAQ: KRYS) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KRYS
  • Krystal Biotech
  • Health Care
  • 192.49
  • 93.95
  • NASDAQ code KRYS
  • Stock Name Krystal Biotech
  • Sector Health Care
  • 52 Weeks High 192.49
  • 52 Weeks Low 93.95
  • Krystal Biotech (NASDAQ: KRYS) vs NASDAQ - Relative Strength Comparison

    The image compares Krystal Biotech's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    KRYS —   NASDAQ —

  • Krystal Biotech (NASDAQ: KRYS) - Technical Analysis (Daily)

    Krystal Biotech - Technical Analysis chart on Daily Price and Volume
    Krystal Biotech - Technical Analysis chart on Daily Price and Volume

    • 130 level acted as a strong resistance for the price initially.
    • With a bullish candle, the price broke above this level and reached a new high near 190.
    • However, the price couldn't hold above this level and corrected.
    • Following a brief consolidation, the price formed an Ascending Triangle pattern and broke out again.
    • If the price remains above 185, there is potential for further upward movement.
  • Krystal Biotech (NASDAQ: KRYS) - RSI Indicator

    Krystal Biotech stock analysis based on RSI indicator
    Krystal Biotech - RSI Indicator

    • Current RSI of this stock is 68.18, which indicates the strength of buyers.

  • Krystal Biotech (NASDAQ: KRYS) - ADX & DI Indicator

    Krystal Biotech stock analysis based on ADX & DI Indicator
    Krystal Biotech - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Krystal Biotech (NASDAQ: KRYS) - MACD Indicator

    Krystal Biotech stock analysis based on MACD Indicator
    Krystal Biotech - MACD Indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Krystal Biotech (NASDAQ: KRYS) Stock Price Forecast

    Based on our swing trading strategies for USA stocks, Krystal Biotech stock price target will be USD 200 - USD 203 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update

    Target hit. Trade closed.

    NASDAQ KRYS

    9 Jul 2024
    11 Jul 2024
    11 Jul 2024
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    180
    Buy Advice
    9 Jul 2024
    185 – 188
    Target 1
    11 Jul 2024
    200
    Target 2
    11 Jul 2024
    203
    Profit per
    100,000 SAR
    3 days
    7,.096
    180
    185 – 188
    200
    203
    7,.096
    9 Jul 2024
    11 Jul 2024
    11 Jul 2024
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    180
    Buy Advice
    9 Jul 2024
    185 – 188
    Target 1
    11 Jul 2024
    200
    Target 2
    11 Jul 2024
    203
    Profit per
    100,000 SAR
    3 days
    7,.096
    180
    185 – 188
    200
    203
    7,.096
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Krystal Biotech
  • 185 – 188
  • 200 – 203
  • Below 180
  • 6% – 8%
  • 12 - 14 Days
  • Buy Krystal Biotech
  • Buy
    Range
    185 – 188
  • Target 200 – 203
  • Stoploss Below 180
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Krystal Biotech
  • 185 – 188
  • 200 – 203
  • Below 180
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    Krystal Biotech
  • Buy
    Range
    185 – 188
  • Target
    200 – 203
  • Stoploss
    Below 180
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Krystal Biotech (NASDAQ: KRYS) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • KRYS
  • Krystal Biotech
  • Health Care
  • 192.49
  • 93.95
  • NASDAQ code KRYS
  • Stock Name Krystal Biotech
  • Sector Health Care
  • 52 Weeks High 192.49
  • 52 Weeks Low 93.95
  • Company profile

    Krystal Biotech, Inc. is a biotechnology company that focuses on discovering, developing, and commercializing genetic medicines for rare diseases in the United States. The company’s current focus is on commercializing VYJUVEK for the treatment of dystrophic epidermolysis bullosa, as well as developing several other genetic medicines for various rare diseases. Founded in 2016, Krystal Biotech, Inc. is based in Pittsburgh, Pennsylvania.

  • Krystal Biotech (NASDAQ: KRYS) vs NASDAQ - Relative Strength Comparison

    The image compares Krystal Biotech's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    KRYS —   NASDAQ —

  • Krystal Biotech (NASDAQ: KRYS) - Technical Analysis (Daily)

    Krystal Biotech - Technical Analysis chart on Daily Price and Volume
    Krystal Biotech - Technical Analysis chart on Daily Price and Volume

    • 130 level acted as a strong resistance for the price initially.
    • With a bullish candle, the price broke above this level and reached a new high near 190.
    • However, the price couldn't hold above this level and corrected.
    • Following a brief consolidation, the price formed an Ascending Triangle pattern and broke out again.
    • If the price remains above 185, there is potential for further upward movement.
  • Krystal Biotech (NASDAQ: KRYS) - RSI Indicator

    Krystal Biotech stock analysis based on RSI indicator
    Krystal Biotech - RSI Indicator

    • Current RSI of this stock is 68.18, which indicates the strength of buyers.

  • Krystal Biotech (NASDAQ: KRYS) - ADX & DI Indicator

    Krystal Biotech stock analysis based on ADX & DI Indicator
    Krystal Biotech - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Krystal Biotech (NASDAQ: KRYS) - MACD Indicator

    Krystal Biotech stock analysis based on MACD Indicator
    Krystal Biotech - MACD Indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Krystal Biotech (NASDAQ: KRYS) Stock Price Forecast

    Based on our swing trading strategies for USA stocks, Krystal Biotech stock price target will be USD 200 - USD 203 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website