KENSINGTON CAPITAL ACQ-A (KCGI) Stock Technical Analysis
NYSE:KCGI - New York Stock Exchange, Inc. - KYG5251K1031 - Common Stock - Currency: USD
Overall KCGI gets a technical rating of 6 out of 10. 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 is trading in the upper part of its 52 week range, but not near new highs, so KCGI is leading 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 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
10.41
11.31
We found 2 important support areas.
- 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.
We found 1 important resistance 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.
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. |
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)
NYSE:KCGI (8/13/2024, 8:16:39 PM)
11.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.18%
2 Weeks0.36%
1 Month0.72%
3 Month1.87%
6 Month3.71%
12 Month4.98%
2 Year12.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.12%
ATR Inc13.45%
Range Today0
ADR(20)0.01
ADR(20)%0.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.79
Mansfield-0.59
10 Day High11.19
10 Day Low11.12
20 Day High11.19
20 Day Low11.09
52 Week High11.19
52 Week Low10.47
CS1 End11.15
CR1 Start11.18
Volume & EV
DER(3)0%
DER(5)0%
Volume9.50K
Volume Incr-21.58%
Vol(5)12.72K
Vol(50)38.45K