KADANT INC (KAI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KAI - US48282T1043 - Common Stock
Taking everything into account, KAI scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. KAI was also a bad performer in the overall market in the last year.
KAI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 305.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KAI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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279.23
We found 3 important support areas.
- Support @305.08 from a horizontal line in the daily time frame.
- A support zone ranging from 294.08 to 299.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 282.05 to 286.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @319.23 from a horizontal line in the daily time frame.
- Resistance @345.39 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for KAI is up. |
| ChartMill Relative Strength | 23.56 | NEGATIVE | KAI has a low relative strength, it was outperformed by 76.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KAI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.56 | NEUTRAL | The RSI value for KAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.92 | POSITIVE | The MACD value suggests KAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.65 | OVERBOUGHT | The high Stochastics value suggests KAI may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for KAI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for KAI suggests a possible start of a new trend. |
309.92
-9.3 (-2.91%)
KADANT INC / KAI FAQ
Can you provide the ChartMill technical rating for KADANT INC?
ChartMill assigns a technical rating of 5 / 10 to KAI.
What is the trend direction for KAI stock?
The current trend direction for KADANT INC (KAI) is Bearish.
Can you provide the RSI signal for KADANT INC?
KADANT INC (KAI) has an RSI value of 60.5566. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for KADANT INC?
KADANT INC (KAI) has a support level at 305.08 and a resistance level at 319.23. Check the full technical report for our detailed analysis of KAI support and resistance levels.