KINDER MORGAN INC (NYSE:KMI) - A Strong Technical Setup in the Energy Sector

KINDER MORGAN INC (NYSE:KMI) has been identified as a potential breakout candidate by our technical screening tools. The stock shows a combination of solid technical strength and a high-quality setup pattern, making it worth a closer look for traders focused on momentum and consolidation breakouts.

Technical Strength

KMI currently holds a Technical Rating of 7, indicating a favorable trend. Key observations from the technical report include:

• The stock has outperformed 91% of all stocks over the past year, reflecting strong relative strength.
• It is trading near the upper end of its recent range ($25.42 - $27.86), suggesting bullish momentum.
• Both short-term and long-term moving averages (20-day, 50-day, 100-day, and 200-day) are trending upward, reinforcing the positive trend structure.
• The stock is part of the Oil, Gas & Consumable Fuels industry, where it ranks in the top 9% of performers.

Setup Quality

KMI’s Setup Rating of 9 highlights a well-defined consolidation pattern, often a precursor to a breakout. Key factors include:

• Prices have been consolidating in a tight range, reducing volatility and improving the risk-reward profile.
• A clear support zone exists between $26.80 and $27.21, providing a logical stop-loss level.
• A recent Pocket Pivot signal (a bullish volume/price pattern) adds further confirmation of potential upward movement.
• Minimal overhead resistance suggests room for further gains if the breakout holds.

Trade Considerations

The technical analysis suggests a possible entry above $27.73, with a stop-loss just below $26.79. The setup offers a manageable risk of 3.39% per trade.

For more breakout opportunities, check our Technical Breakout Setups screener, updated daily.

Disclaimer

This is not investment advice. Always conduct your own analysis and consider risk management before trading.