KADANT INC (KAI) Technical Analysis
NYSE:KAI • US48282T1043
Current stock price
KAI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to KAI. KAI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, KAI is a bad performer in the overall market: 67% of all stocks are doing better.
- KAI is one of the lesser performing stocks in the Machinery industry. 66% of 131 stocks in the same industry do better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- KAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KAI is lagging the market.
- In the last month KAI has a been trading in the 280.10 - 340.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KAI Weekly and Daily overview Charts
KAI Setup Rating and Analysis
KAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 293.30, a Stop Loss order could be placed below this zone.
More info and screens
KAI Support and Resistance Analysis
282.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 292.94 to 293.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 284.88 to 286.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 313.15 to 328.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 343.12 to 347.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @356.34 from a horizontal line in the daily time frame.
KAI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for KAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KAI is neutral. |
| ChartMill Relative Strength | 33.47 | NEUTRAL | KAI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.44 | NEUTRAL | The RSI value for KAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests KAI has a negative trend. |
| Stochastics (14,3) | 26.73 | NEUTRAL | The Stochastics value for KAI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for KAI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for KAI suggests a weak or negative trend. |
KAI Chart- and CandleStick Pattern Analysis
KAI Technicals: Chart, Performance Metrics, Trend & Indicators
309.55
-6.72 (-2.12%)
KADANT INC / KAI TA FAQ
Can you provide the ChartMill technical rating for KADANT INC?
ChartMill assigns a technical rating of 2 / 10 to KAI.
Can you provide the trend direction for KADANT INC?
The current trend direction for KADANT INC (KAI) is Bearish.
What is the RSI signal for KADANT INC (KAI) stock?
KADANT INC (KAI) has an RSI value of 45.4382. This indicates that the stock is currently neutral.
What is the MACD signal for KADANT INC (KAI) stock?
The MACD indicator for KADANT INC (KAI) has a value of -0.661512, indicating a bearish trend.