The price of CKPT is predicted to go up 0.49%, based on the high correlation periods with MCY. The similarity of these two price pattern on the periods is 91.85%.
CKPT
MCY
Up: 0.49%Similarity: 91.85%
CKPT Revenue Forecast
CKPT EPS Forecast
CKPT FAQs
What is bull’s view on CKPT?
CKPT stock closed at $2.86 on February 28, 2025, with a 5.54% gain during regular trading. Bulls may view the stock as undervalued, with a potential upside to the Fibonacci resistance level of $3.33, supported by recent institutional buying activity. However, insider selling by executives raises concerns about confidence in the stock's near-term growth.
What is bear's view on CKPT?
Checkpoint Therapeutics Inc. (CKPT) shows bearish signals due to the following:
Technical Weakness: CKPT's RSI (14) is at 41.80, indicating weak momentum, and its MACD (-0.11) reflects a bearish trend. The stock closed at $2.86, below its 20-day SMA of $3.16, suggesting downward pressure.
Insider Selling: Recent insider sales by the CEO and CFO, totaling over 84,000 shares, signal potential lack of confidence in the stock's near-term performance.
Resistance Levels: CKPT faces resistance at $3.33 (Fibonacci R1), with limited upside potential unless significant positive catalysts emerge.
D. Boral Capital initiated coverage of Checkpoint Therapeutics with a Buy rating and $9 price target. The company's lead drug, Unloxcty, was approved in December and is a PD-L1 inhibitor that blocks the interaction between PD-L1 and PD-1, preventing immune evasion by tumors band is engineered with a functional Fc region that retains antibody-dependent cellular cytotoxicity, the analyst tells investors in a research note. The firm says this can enhance immune-mediated killing of cancer cells, which positions the drug to compete in the now competitive immune-oncology marketplace.