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Kensington Capital Acquisition Corp II Cl A (KCAC) Stock Technical Analysis

USA - NYSE:KCAC -

8.07
-0.21 (-2.54%)
Last: 10/1/2021, 8:04:00 PM
8.44
+0.37 (+4.58%)
After Hours: 10/1/2021, 8:04:00 PM
Technical Rating and Analysis

0

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

100% of all other stocks performed better in the past year than KCAC.
KCAC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so KCAC is lagging the market.
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.
In the last month KCAC has a been trading in the 7.28 - 10.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
Kensington Capital Acquisition Corp II Cl A / KCAC Weekly stock chart
Kensington Capital Acquisition Corp II Cl A / KCAC Daily stock chart
Setup Rating and Analysis

2

The technical rating of KCAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

7.99

10.39

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 9.76 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.29 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for KCAC is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for KCAC is down.
ChartMill Relative Strength0NEGATIVEKCAC has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of KCAC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of KCAC is below a declining SMA(50).
Relative Strength Index/RSI (14)6.09OVERSOLDThe low RSI value suggests KCAC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.18NEGATIVEThe MACD value suggests KCAC has a negative trend.
Stochastics (14,3)24.79NEUTRALThe Stochastics value for KCAC is a neutral value.
Average True Range in percent/ATR (20)2.8MEDIUM VOLATILITYThe ATR as a percentage value for KCAC suggests some volalility.
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)

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Kensington Capital Acquisition Corp II Cl A / KCAC Daily stock chart

Kensington Capital Acquisition Corp II Cl A

NYSE:KCAC (10/1/2021, 8:04:00 PM)

After market: 8.44 +0.37 (+4.58%)

8.07

-0.21 (-2.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.54%
1 Week-19.3%
2 Weeks-18.98%
1 Month-18.48%
3 Month-18.89%
6 Month-58.62%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%2.8%
ATR Inc2292.91%
Range Today0.71
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
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High10.04
10 Day Low7.28
20 Day High10.04
20 Day Low7.28
52 Week High25.75
52 Week Low7.28
CS1 EndN/A
CR1 Start9.76
Volume & EV
DER(3)-8.35%
DER(5)-5.19%
Volume316.00K
Volume Incr39.57%
Vol(5)476.12K
Vol(50)243.12K

Kensington Capital Acquisition Corp II Cl A / KCAC FAQ

Can you provide the ChartMill technical rating for Kensington Capital Acquisition Corp II Cl A?

ChartMill assigns a technical rating of 0 / 10 to KCAC.


What is the current trend direction of Kensington Capital Acquisition Corp II Cl A (KCAC) stock?

The current trend direction for Kensington Capital Acquisition Corp II Cl A (KCAC) is Bearish.


What is the RSI signal for KCAC stock?

Kensington Capital Acquisition Corp II Cl A (KCAC) has an RSI value of 6.09302. This indicates that the stock is currently oversold.


What is the MACD signal for Kensington Capital Acquisition Corp II Cl A (KCAC) stock?

The MACD indicator for Kensington Capital Acquisition Corp II Cl A (KCAC) has a value of -0.183916, indicating a bearish trend.


Can you provide the short term momentum for Kensington Capital Acquisition Corp II Cl A?

The short term momentum for Kensington Capital Acquisition Corp II Cl A (KCAC) is negative.