KAI Technical Analysis - KADANT INC

Technical Rating and Analysis

Taking everything into account, KAI scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

80% of all other stocks performed better in the past year than KAI.

KAI is one of the lesser performing stocks in the Machinery industry. 61% of 129 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.

In the last month KAI has a been trading in the 293.00 - 331.05 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

KAI has a bad 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 a support zone below the current price at 301.40, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

291.71

354.71

When analyzing the support we can see 2 important areas.

A support zone ranging from 300.10 to 301.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @294.66 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

A resistance zone ranging from 303.51 to 307.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 323.44 to 326.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 342.27 to 345.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @351.20 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for KAI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KAI is down.
ChartMill Relative Strength	20.36	NEGATIVE	KAI has a low relative strength, it was outperformed by 79.64% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KAI is below 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)	43	NEUTRAL	The RSI value for KAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests KAI has a positive trend.
Stochastics (14,3)	25.1	NEUTRAL	The Stochastics value for KAI is a neutral value.
Average True Range in percent/ATR (20)	2.63	MEDIUM VOLATILITY	The ATR as a percentage value for KAI suggests some volalility.
Average Directional Index/ADX (14)	15.76	NEGATIVE	The low ADX value for KAI suggests a weak or negative trend.