KATE SPADE & CO (KATE) Stock Technical Analysis
NYSE:KATE - New York Stock Exchange, Inc. - US4858651098
Overall KATE gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. KATE was also a bad performer in the overall market in the last year.
KATE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.49, a Stop Loss order could be placed below this zone.
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16.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.32 to 18.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.50 to 18.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.20 from a trend line in the weekly time frame.
- Resistance @23.86 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 | DOWN | NEGATIVE | The long term trend for KATE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KATE is neutral. |
| ChartMill Relative Strength | 22.38 | NEGATIVE | KATE has a low relative strength, it was outperformed by 77.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KATE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KATE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of KATE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for KATE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KATE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for KATE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for KATE suggests low volalility. |
18.49
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