KYNDRYL HOLDINGS INC (KD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KD - US50155Q1004 - Common Stock
We assign a technical rating of 0 out of 10 to KD. KD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, KD is a bad performer in the overall market: 88% of all stocks are doing better.
- KD is one of the lesser performing stocks in the IT Services industry. 60% of 88 stocks in the same industry do better.
- KD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month KD has a been trading in the 24.24 - 27.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- KD has an average volume of 2047280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of KD 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.
More info and screens
24.28
We found 1 important support area.
- Support @24.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.08 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.11 to 27.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for KD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KD is down. |
| ChartMill Relative Strength | 12.71 | NEGATIVE | KD has a low relative strength, it was outperformed by 87.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.46 | NEUTRAL | The RSI value for KD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests KD has a negative trend. |
| Stochastics (14,3) | 10.29 | OVERSOLD | The low Stochastics value suggests KD may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for KD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for KD suggests a weak or negative trend. |
24.88
+0.29 (+1.18%)
KYNDRYL HOLDINGS INC / KD FAQ
Can you provide the ChartMill technical rating for KYNDRYL HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to KD.
What is the current trend direction of KYNDRYL HOLDINGS INC (KD) stock?
The current trend direction for KYNDRYL HOLDINGS INC (KD) is Bearish.
Can you provide the RSI signal for KYNDRYL HOLDINGS INC?
KYNDRYL HOLDINGS INC (KD) has an RSI value of 37.4613. This indicates that the stock is currently neutral.
What is the MACD signal for KYNDRYL HOLDINGS INC (KD) stock?
The MACD indicator for KYNDRYL HOLDINGS INC (KD) has a value of -0.290357, indicating a bearish trend.
Can you provide the support and resistance levels for KYNDRYL HOLDINGS INC?
KYNDRYL HOLDINGS INC (KD) has a support level at 24.53 and a resistance level at 25.08. Check the full technical report for our detailed analysis of KD support and resistance levels.