Kbs Fashion Gp Ltd (KBSF) Stock Technical Analysis
NASDAQ:KBSF -
3.05
+0.04 (+1.33%)
We assign a technical rating of 0 out of 10 to KBSF. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 54% of 49 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
KBSF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
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.
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. |
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)
NASDAQ:KBSF (10/12/2021, 8:48:42 PM)
3.05
+0.04 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.33%
1 Week4.1%
2 Weeks-3.48%
1 Month-16.44%
3 Month-30.05%
6 Month6.27%
12 Month31.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.59%
ATR Inc-19.21%
Range Today0.2
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
CRS28.06
Mansfield-1.63
10 Day High3.23
10 Day Low2.88
20 Day High4.04
20 Day Low2.88
52 Week High5.83
52 Week Low2
CS1 End3.01
CR1 Start3.26
Volume & EV
DER(3)15.62%
DER(5)9.51%
Volume92.70K
Volume Incr-78.02%
Vol(5)44.70K
Vol(50)305.28K