KAISER ALUMINUM CORP (KALU) Stock Technical Analysis
NASDAQ:KALU - US4830077040 - Common Stock
77.87 USD
-0.63 (-0.8%)
77.87 USD
0 (0%)
Taking everything into account, KALU scores 6 out of 10 in our technical rating. Although KALU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
KALU is one of the lesser performing stocks in the Metals & Mining industry. 71% of 156 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month KALU has a been trading in the 71.44 - 80.37 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, KALU outperforms 52% of them, which is more or less in line with the market.
KALU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KALU is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, KALU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 79.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 77.52, a Stop Loss order could be placed below this zone.
More info and screens
68.63
89.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 75.72 to 77.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.85 to 74.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.44 from a horizontal line in the daily time frame.
- Support @69.32 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 79.57 to 80.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @88.57 from a trend 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 | UP | POSITIVE | The long term trend for KALU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KALU is neutral. |
| ChartMill Relative Strength | 52.98 | NEUTRAL | KALU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KALU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KALU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KALU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.77 | NEUTRAL | The RSI value for KALU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests KALU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.5 | NEUTRAL | The Stochastics value for KALU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for KALU suggests some volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for KALU suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.60 | 75.71 | 4.89 (6.07%) | 16.48% |
| An entry @80.60. This is a Buy Stop order right above the resistance zone. | An exit @75.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.89 points, which is 6.07%. | For a 1.00% total portfolio risk, you can invest 16.48% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
77.87
-0.63 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.8%
1 Week-2.14%
2 Weeks3.41%
1 Month5.44%
3 Month7.27%
6 Month10.05%
12 Month4.45%
2 Year2.57%
3 Year8.51%
5 Year21.14%
10 Year-6.83%
15 Year110.86%
Volatility
ATR(14)1.97
ATR(20)%2.6%
ATR Inc-29.25%
Range Today1.18
ADR(20)1.94
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.98
Mansfield-0.19
10 Day High80.37
10 Day Low73.72
20 Day High80.37
20 Day Low71.44
52 Week High97
52 Week Low46.81
CS1 End77.52
CR1 Start79.57
Volume & EV
DER(3)-0.1%
DER(5)-1.05%
Volume64.00K
Volume Incr-41.54%
Vol(5)70.88K
Vol(50)129.84K