KINDER MORGAN INC (NYSE:KMI) - A Strong Technical Setup for Breakout Investors

KINDER MORGAN INC (NYSE:KMI) has emerged as a notable candidate for technical investors, displaying both strong momentum and a favorable consolidation pattern. The stock’s high technical rating and setup quality suggest potential for a breakout. Below, we examine the key factors that make KMI stand out.

Technical Strength

• High Technical Rating (9/10): KMI’s technical health is strong, supported by a positive long-term trend and relative outperformance. The stock has surpassed 81% of the market over the past year and ranks in the top tier of its industry (Oil, Gas & Consumable Fuels).
• Consistent Uptrend: The stock trades near the upper end of its 52-week range, with key moving averages (50-day, 100-day, and 200-day) all trending upward.
• Liquidity Advantage: With an average daily volume of 13.15 million shares, KMI offers ample liquidity, reducing slippage risk for traders.

Setup Quality

• Tight Consolidation (Setup Rating: 7/10): KMI has been trading in a defined range between $27.20 and $29.58 over the past month, forming a clear base. The recent appearance of a Pocket Pivot signal—a bullish volume pattern—adds further confirmation.
• Support Zones: Multiple support levels exist below the current price, including a strong zone between $27.17 and $28.46, providing a logical stop-loss area.
• Breakout Potential: A move above $29.59 could trigger a breakout, with limited overhead resistance. The suggested stop-loss at $28.82 keeps risk manageable at ~2.6%.

For a deeper dive into KMI’s technicals, review the full technical report.

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Disclaimer

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