KENSINGTON CAPITAL ACQ-A (KCGI) Technical Analysis
NYSE:KCGI • KYG5251K1031
Current stock price
KCGI Technical Rating and Analysis
Taking everything into account, KCGI scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, KCGI is a bad performer.
- When comparing the yearly performance of all stocks, KCGI is a bad performer in the overall market: 61% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- KCGI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month KCGI has a been trading in a tight range between 11.09 and 11.19.
- Considerably lower volume is observed in the last couple of days.
KCGI Weekly and Daily overview Charts
KCGI Setup Rating and Analysis
KCGI has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
KCGI Support and Resistance Analysis
10.41
2 important support areas can be observed.
- A support zone ranging from 11.03 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.52 to 10.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.18 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
KCGI 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 | UP | POSITIVE | The long term trend for KCGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KCGI is up. |
| ChartMill Relative Strength | 39.79 | NEUTRAL | KCGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KCGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KCGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KCGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.77 | NEUTRAL | The RSI value for KCGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KCGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.81 | OVERBOUGHT | The high Stochastics value suggests KCGI may be overbought. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for KCGI suggests low volalility. |
| Average Directional Index/ADX (14) | 58.69 | POSITIVE | The high ADX value value for KCGI suggests a strong trend. |
KCGI Chart- and CandleStick Pattern Analysis
KCGI Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:KCGI (8/13/2024, 8:16:39 PM)
11.17
0 (0%)
KENSINGTON CAPITAL ACQ-A / KCGI TA FAQ
What is the technical rating for KCGI stock?
ChartMill assigns a technical rating of 6 / 10 to KCGI.
What is the trend direction for KCGI stock?
The current trend direction for KENSINGTON CAPITAL ACQ-A (KCGI) is Bullish.
What is the RSI signal for KENSINGTON CAPITAL ACQ-A (KCGI) stock?
KENSINGTON CAPITAL ACQ-A (KCGI) has an RSI value of 66.7653. This indicates that the stock is currently neutral.
What is the MACD signal for KCGI stock?
The MACD indicator for KENSINGTON CAPITAL ACQ-A (KCGI) has a value of 0.0014788, indicating a bearish trend.
What is the short term momentum for KCGI stock?
The short term momentum for KENSINGTON CAPITAL ACQ-A (KCGI) is positive.