What is kazia price movement for now

**Kazia Therapeutics' stock price has been highly volatile but is currently experiencing a bullish trend.** Here's a detailed analysis of the recent price movement: 1. **Recent Surge**: Kazia Therapeutics saw a significant surge in its stock price, with a 260% increase before settling at a 123% increase. This followed the announcement of positive clinical trial data for its lead candidate, Paxalisib, in the treatment of glioblastoma. 2. **High Volatility**: The stock has experienced high volatility, with a 73.06% fluctuation on the last trading day and an average weekly volatility of 79.48%. This indicates significant market interest and potential for further price swings. 3. **Technical Indicators**: - The stock's RSI is at 97.32, which is considered overbought and suggests that the stock may be due for a correction. - The MACD is at 0.18, and the KDJ at 69.7, indicating potential for price momentum. - The stock is trading above its 5-day, 10-day, and 50-day moving averages, which are $0.356067, $0.29582, and $0.267806, respectively. 4. **Market Sentiment**: The consensus rating for Kazia Therapeutics is currently "Hold," with an average price target of $1.374491, indicating a potential for future growth. 5. **Stock Performance**: The stock's price has fallen by 27.35% on July 12, 2024, which may be a result of market adjustments after the initial surge. 6. **Market Capitalization**: The current market capitalization of Kazia Therapeutics is $27.1 million. In conclusion, Kazia Therapeutics' stock price has been highly volatile but is currently in a bullish trend. The recent surge in price was significant, and the stock is trading above its moving averages, which suggests a strong upward momentum. However, the overbought conditions and high volatility indicate that investors should exercise caution and consider their risk tolerance before investing.