Nantkwest - Stock Of The Day

Summary

  • 100% technical buy signals.
  • 14 new highs and up 104.93% in the last month.
  • 495.12% gain in the last year.

The Barchart Chart of the Day belongs to the immunotherapy company Nantkwest (Nasdaq: NK).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 11/27 the stock gained 282.11%.  

NantKwest, Inc., a clinical-stage immunotherapy company, develops immunotherapeutic treatments for cancer and viral infectious diseases in the United States. The company develops activated natural killer (aNK) cell, a natural killer cell-line and genetically modified derivative capable of killing cancer and virally infected cells; and Nant cancer vaccine, a personalized therapy that utilizes its off-the-shelf natural killer cells. It is also developing high-affinity natural killer (haNK) product candidates primarily for the treatment of various cancers, and tank and t-haNK product candidates to treat solid tumors. NantKwest, Inc. has a co-development agreement with Altor BioScience, LLC to collaborate on the development of therapeutic applications combining the company's proprietary natural killer cells with Altor's N-801 and/or N-803 products; collaboration with Be The Match BioTherapies for the development of cell therapy to prevent COVID-19 deaths; and strategic alliance with Immunitybio. It also has a collaboration with CBR Systems, Inc. to develop a COVID-19 treatment leveraging newborn stem cells. The company was formerly known as Conkwest, Inc. and changed its name to NantKwest, Inc. in July 2015. NantKwest, Inc. was founded in 2002 and is headquartered in San Diego, California.

(Click on image to enlarge)

NK

Barchart technical indicators:

  • 100% technical buy signals
  • 350.48+ Weighted Alpha
  • 495.12% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 104.93% in the last month
  • Relative Strength Index 83.45%
  • Recently trading at 36.95 with a 50 day moving average of 17.87

Fundamental factors:

  • Market Cap $3.69 billion
  • Revenue expected to grow 132.50% next year
  • Earnings estimated to decrease at a compounded annual rate of 1.70% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 2 hold and 1 sell recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 29 to 10 that the stock will beat the market
  • 6,560 investors are monitoring the stock on Seeking Alpha

Disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are ...

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