US4878361082 - Common Stock
53.7 -0.46 (-0.85%)
After market: 53.69 -0.01 (-0.02%)
We assign a technical rating of 2 out of 10 to K. In the past year, K was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, K does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
When analyzing the support we can see 2 important areas.
We can see 3 important resistance areas.
NYSE:K (12/8/2023, 7:04:00 PM)After market: 53.69 -0.01 (-0.02%)