KBSF Technical Analysis - Kbs Fashion Gp Ltd

Technical Rating and Analysis

Taking everything into account, KBSF scores 0 out of 10 in our technical rating. KBSF 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.

When comparing the yearly performance of all stocks, KBSF is a bad performer in the overall market: 72% of all stocks are doing better.

KBSF 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.

KBSF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

KBSF is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, KBSF did better than 51% of them.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Kbs Fashion Gp Ltd / KBSF Weekly stock chart

Kbs Fashion Gp Ltd / KBSF Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, KBSF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for KBSF in the last couple of days, which is a good sign.

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

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

2.87

4.20

We found 2 important support areas.

A support zone ranging from 3.00 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 2.90 to 2.93. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

Resistance @3.26 from a horizontal line in the daily time frame.
Resistance @3.88 from a trend line in the daily time frame.
Resistance @3.98 from a trend line in the weekly time frame.
Resistance @4.16 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 KBSF is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KBSF is down.
ChartMill Relative Strength	28.06	NEGATIVE	KBSF has a low relative strength, it was outperformed by 71.94% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KBSF is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KBSF is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of KBSF is below the rising SMA(200).
Relative Strength Index/RSI (14)	42.73	NEUTRAL	The RSI value for KBSF is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests KBSF has a positive trend.
Stochastics (14,3)	28.1	NEUTRAL	The Stochastics value for KBSF is a neutral value.
Average True Range in percent/ATR (20)	8.59	HIGH VOLATILITY	The high ATR as a percentage value for KBSF suggests high volalility.