KC Technical Analysis - KINGSOFT CLOUD HOLDINGS-ADR

Technical Rating and Analysis

Taking everything into account, KC scores 3 out of 10 in our technical rating. Although KC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month KC has a been trading in the 12.12 - 17.79 range, which is quite wide. It is currently trading near the lows of this range.

When comparing the yearly performance of all stocks, we notice that KC is one of the better performing stocks in the market, outperforming 98% of all stocks.

KC is part of the IT Services industry. There are 86 other stocks in this industry. KC outperforms 96% of them.

KC has an average volume of 2173480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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

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

KINGSOFT CLOUD HOLDINGS-ADR / KC Weekly stock chart

KINGSOFT CLOUD HOLDINGS-ADR / KC Daily stock chart

Setup Rating and Analysis

KC has a poor technical rating and the quality of the setup is also not perfect 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

12.26

17.29

When analyzing the support we notice one important area.

A support zone ranging from 12.38 to 12.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

Resistance @15.96 from a trend line in the weekly time frame.
Resistance @17.12 from a trend 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 KC is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KC is down.
ChartMill Relative Strength	98.01	POSITIVE	KC has a high relative strength, it outperformed 98.01% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KC is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KC is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of KC is below the rising SMA(200).
Relative Strength Index/RSI (14)	35.41	NEUTRAL	The RSI value for KC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.31	NEGATIVE	The MACD value suggests KC has a negative trend.
Stochastics (14,3)	14.79	OVERSOLD	The low Stochastics value suggests KC may be oversold.
Average True Range in percent/ATR (20)	6.68	HIGH VOLATILITY	The high ATR as a percentage value for KC suggests high volalility.
Average Directional Index/ADX (14)	19.76	NEGATIVE	The low ADX value for KC suggests a weak or negative trend.