KADANT INC (KAI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KAI - US48282T1043 - Common Stock
Overall KAI gets a technical rating of 0 out of 10. KAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of KAI is bad and it also does not present a 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
252.35
We found 1 important support area.
- Support @254.90 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 278.13 to 287.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 305.08 to 305.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @311.67 from a trend line in the weekly time frame.
- Resistance @343.54 from a trend line in the daily time frame.
- Resistance @351.20 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for KAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KAI is neutral. |
| ChartMill Relative Strength | 13.91 | NEGATIVE | KAI has a low relative strength, it was outperformed by 86.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KAI is above a declining 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) | 53.56 | NEUTRAL | The RSI value for KAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.66 | POSITIVE | The MACD value suggests KAI has a positive trend. |
| Stochastics (14,3) | 86.47 | OVERBOUGHT | The high Stochastics value suggests KAI may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for KAI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for KAI suggests a possible start of a new trend. |
278.12
+0.33 (+0.12%)
KADANT INC / KAI FAQ
Can you provide the ChartMill technical rating for KADANT INC?
ChartMill assigns a technical rating of 0 / 10 to KAI.
What is the current trend direction of KADANT INC (KAI) stock?
The current trend direction for KADANT INC (KAI) is Bearish.
What is the RSI signal for KAI stock?
KADANT INC (KAI) has an RSI value of 53.5563. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KADANT INC?
The MACD indicator for KADANT INC (KAI) has a value of 3.66285, indicating a bullish trend.
What are the support and resistance levels for KADANT INC (KAI) stock?
KADANT INC (KAI) has a support level at 254.9 and a resistance level at 278.13. Check the full technical report for our detailed analysis of KAI support and resistance levels.