KB FINANCIAL GROUP INC-ADR (KB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KB - US48241A1051 - ADR
Taking everything into account, KB scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KB is showing a nice and steady performance.
Besides having an excellent technical rating, KB also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 89.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
55.24
4 important support areas can be observed.
- A support zone ranging from 84.35 to 86.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.15 to 81.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 77.50 to 78.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 89.03 to 91.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 KB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KB is up. |
| ChartMill Relative Strength | 88.35 | POSITIVE | KB has a high relative strength, it outperformed 88.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.09 | NEUTRAL | The RSI value for KB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KB has a positive trend. |
| Stochastics (14,3) | 64.01 | NEUTRAL | The Stochastics value for KB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for KB suggests low volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for KB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 87.58 | 84.34 | 3.24 (3.70%) | 25.00% |
| An entry @87.58. This is a Buy Stop order right above the 10 day high. | An exit @84.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.24 points, which is 3.70%. | For a 0.92% total portfolio risk, you can invest 25.00% 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.
86.98
-0.09 (-0.1%)
KB FINANCIAL GROUP INC-ADR / KB FAQ
What is the ChartMill technical rating of KB FINANCIAL GROUP INC-ADR (KB) stock?
ChartMill assigns a technical rating of 8 / 10 to KB.
What is the current trend direction of KB FINANCIAL GROUP INC-ADR (KB) stock?
The current trend direction for KB FINANCIAL GROUP INC-ADR (KB) is Bullish.
What is the RSI signal for KB stock?
KB FINANCIAL GROUP INC-ADR (KB) has an RSI value of 56.0895. This indicates that the stock is currently neutral.
What is the MACD signal for KB FINANCIAL GROUP INC-ADR (KB) stock?
The MACD indicator for KB FINANCIAL GROUP INC-ADR (KB) has a value of 0.0333614, indicating a bearish trend.
What is the short term momentum for KB FINANCIAL GROUP INC-ADR (KB) stock?
The short term momentum for KB FINANCIAL GROUP INC-ADR (KB) is positive.