KBX Technical Analysis - KNORR-BREMSE AG

Technical Rating and Analysis

Overall KBX gets a technical rating of 0 out of 10. KBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

72% of all other stocks performed better in the past year than KBX.

In the last month KBX has a been trading in the 80.45 - 90.50 range, which is quite wide. It is currently trading near the lows of this range.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

KBX is an average performer in the Machinery industry, it outperforms 46% of 102 stocks in the same industry.

KBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KBX is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

KNORR-BREMSE AG / KBX Weekly stock chart

Setup Rating and Analysis

The technical rating of KBX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

69.25

95.50

2 important support areas can be observed.

A support zone ranging from 80.79 to 80.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @69.95 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

Resistance @90.55 from a horizontal line in the daily time frame.
A resistance zone ranging from 92.20 to 92.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @94.55 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for KBX.DE is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KBX.DE is down.
ChartMill Relative Strength	28.78	NEGATIVE	KBX.DE has a low relative strength, it was outperformed by 71.22% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KBX.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KBX.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of KBX.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	28.88	OVERSOLD	The low RSI value suggests KBX.DE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.62	NEGATIVE	The MACD value suggests KBX.DE has a negative trend.
Stochastics (14,3)	6.3	OVERSOLD	The low Stochastics value suggests KBX.DE may be oversold.
Average True Range in percent/ATR (20)	2.08	MEDIUM VOLATILITY	The ATR as a percentage value for KBX.DE suggests some volalility.
Average Directional Index/ADX (14)	34.13	POSITIVE	The high ADX value value for KBX.DE suggests a strong trend.