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

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.

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Target hit. Trade closed.

NASDAQ KRYS

9 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

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

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

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

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

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

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

Krystal Biotech (NASDAQ: KRYS) - 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

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.

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