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KIMBALL INTERNATIONAL-B (KBAL) Stock Technical Analysis

NASDAQ:KBAL - Nasdaq - US4942741038 - Common Stock - Currency: USD

12.3  -0.11 (-0.89%)

After market: 12.3 0 (0%)

Technical Rating and Analysis

8

Overall KBAL gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KBAL is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
KBAL is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 93% of 83 stocks in the same industry.
KBAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so KBAL is leading the market.
When comparing the yearly performance of all stocks, we notice that KBAL is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month KBAL has a been trading in a tight range between 12.16 and 12.67.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
KIMBALL INTERNATIONAL-B / KBAL Weekly stock chart
KIMBALL INTERNATIONAL-B / KBAL Daily stock chart
Setup Rating and Analysis

9

KBAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KBAL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

7.25

12.88

3 important support areas can be observed.

  • A support zone ranging from 12.16 to 12.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.53 from a trend line in the weekly time frame.
  • Support @7.32 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 12.34 to 12.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for KBAL is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for KBAL is neutral.
ChartMill Relative Strength96.97POSITIVEKBAL has a high relative strength, it outperformed 96.97% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of KBAL is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of KBAL is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of KBAL is above the rising SMA(200).
Relative Strength Index/RSI (14)48.32NEUTRALThe RSI value for KBAL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests KBAL has a negative trend.
Stochastics (14,3)22.25NEUTRALThe Stochastics value for KBAL is a neutral value.
Average True Range in percent/ATR (20)1.22LOW VOLATILITYThe low ATR as a percentage value for KBAL suggests low volalility.
Average Directional Index/ADX (14)31.62POSITIVEThe high ADX value value for KBAL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.4512.240.21 (1.67%)25.00%
An entry @12.45. This is a Buy Stop order right above the 10 day moving average.An exit @12.24. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.21 points, which is 1.67%.For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of KBAL. Please evaluate whether better entry and exit points can be found.
  • 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.
KIMBALL INTERNATIONAL-B / KBAL Daily stock chart

KIMBALL INTERNATIONAL-B

NASDAQ:KBAL (5/31/2023, 8:27:41 PM)

After market: 12.3 0 (0%)

12.3

-0.11 (-0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.89%
1 Week-1.76%
2 Weeks-0.49%
1 Month0.16%
3 Month78.26%
6 Month72.75%
12 Month46.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.22%
ATR Inc-10.71%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.97
Mansfield3.67
10 Day High12.58
10 Day Low12.25
20 Day High12.67
20 Day Low12.16
52 Week High12.67
52 Week Low6.11
CS1 End12.21
CR1 Start12.34
Volume & EV
DER(3)3.14%
DER(5)1.84%
Volume1.24M
Volume Incr99.25%
Vol(5)838.58K
Vol(50)497.62K