Up or Down from Here? Viking Therapeutics Inc (NASDAQ:VKTX)

Viking Therapeutics Inc (NASDAQ:VKTX) continues to trade higher in the pre-market session after gaining about 7% in the past week.

Major Trigger:

Viking Therapeutics to Participate in Upcoming Investor Conferences

Key Highlights:

  • announced that the company will participate in two upcoming investor conferences.
  • SVB Leerink CybeRx Series: Liver Disease Day- Details: Viking management will participate in 1-on-1 meetings-Conference Date: June 17, 2021- Format: Virtual Conference
  • Raymond James Human Health Innovations Conference – Details: Viking management will participate in a panel discussion and 1-on-1 meetings- Conference dates: June 21-23, 2021- Panel Discussion Timing: 12:00 p.m. Eastern on Wednesday, June 23, 2021

Market Reaction

As of 7:25, VKTX is up 6.58% to $5.99 with 1.50K shares traded hands.

Technical Indicators

CCI20-20.4257NeutralChaikin Money Flow-0.2995Sell
MACD-0.0513SellMoney Flow Index46.2765Sell
STOCH (14,3)35.2877SellSTOCH RSI0.7361Buy
UO35.8827SellWilliams %R-64.7123Neutral

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

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