KADANT INC (KAI)

US48282T1043 - Common Stock

277.02  -10.14 (-3.53%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to KAI. Although KAI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month KAI has a been trading in the 276.74 - 325.41 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, KAI did better than 84% of all other stocks. We also observe that the gains produced by KAI over the past year are nicely spread over this period.
KAI is part of the Machinery industry. There are 132 other stocks in this industry. KAI outperforms 72% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
KAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KAI is lagging the market slightly.
Weekly and Daily overview Charts
KAI Weekly chart
KAI Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

234.36

344.03

We found 2 important support areas.

  • Support @251.39 from a trend line in the weekly time frame.
  • Support @236.73 from a trend line in the weekly time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 279.57 to 284.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 289.51 to 297.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 318.95 to 322.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @328.11 from a horizontal line in the weekly time frame.
  • Resistance @340.62 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.41
Mansfield0.35
10 Day High292.73
10 Day Low276.74
20 Day High325.41
20 Day Low276.74
52 Week High354.02
52 Week Low187
Performance
1 Week1.56%
2 Weeks-1.29%
1 Month-12.27%
3 Month-2.7%
6 Month17.5%
12 Month47.18%
2 Year55.22%
3 Year61.3%
5 Year192.75%
10 Year726.36%
15 Year2227.07%
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)
Technical Indicators
MACD(12,26,9)-0.27
RSI(14)40.98
LBB276.79
UBB298.7
KAI Daily chart

KADANT INC

NYSE:KAI (4/30/2024, 10:45:58 AM)

277.02

-10.14 (-3.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.53%
1 Week1.56%
2 Weeks-1.29%
1 Month-12.27%
3 Month-2.7%
6 Month17.5%
12 Month47.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.64
ATR(20)%2.62%
ATR Inc
Range Today10.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High292.73
10 Day Low276.74
20 Day High325.41
20 Day Low276.74
52 Week High354.02
52 Week Low187
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume30.20K
Volume Incr-0.56%
Vol(5)74.62K
Vol(50)93.63K