KADANT INC (KAI) Stock Technical Analysis
NYSE:KAI - New York Stock Exchange, Inc. - US48282T1043 - Common Stock - Currency: USD
Overall KAI gets a technical rating of 4 out of 10. In the past year, KAI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
KAI is one of the lesser performing stocks in the Machinery industry. 62% of 128 stocks in the same industry do better.
KAI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, KAI outperforms 48% of them, which is more or less in line with the market.
In the last month KAI has a been trading in the 295.98 - 339.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KAI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
283.37
360.15
4 important support areas can be observed.
- A support zone ranging from 317.70 to 324.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 300.10 to 305.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @294.66 from a horizontal line in the weekly time frame.
- Support @286.23 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 327.69 to 337.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @356.58 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for KAI is neutral. |
| ChartMill Relative Strength | 48.47 | NEUTRAL | KAI is not amongst the best or worst performers 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) | UP | MIXED | The current price of KAI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.33 | NEUTRAL | The RSI value for KAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests KAI has a positive trend. |
| Stochastics (14,3) | 55.66 | NEUTRAL | The Stochastics value for KAI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for KAI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for KAI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
325.2
+7.75 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.44%
1 Week5.33%
2 Weeks1.53%
1 Month5.92%
3 Month6.39%
6 Month-7.61%
12 Month9.57%
2 Year45.93%
3 Year59.53%
5 Year199.7%
10 Year613.31%
15 Year1568.55%
Volatility
ATR(14)9.12
ATR(20)%2.84%
ATR Inc76.77%
Range Today22.59
ADR(20)8.81
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.47
Mansfield-1.08
10 Day High332.5
10 Day Low295.98
20 Day High339.7
20 Day Low295.98
52 Week High429.95
52 Week Low281.3
CS1 End305.08
CR1 Start316.61
Volume & EV
DER(3)0.74%
DER(5)0.63%
Volume172.40K
Volume Incr11.68%
Vol(5)134.40K
Vol(50)137.79K