KYNDRYL HOLDINGS INC (KD) Stock Technical Analysis
NYSE:KD - New York Stock Exchange, Inc. - US50155Q1004 - Common Stock - Currency: USD
Taking everything into account, KD scores 6 out of 10 in our technical rating. KD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month KD has a been trading in the 38.00 - 44.20 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
KD is part of the IT Services industry. There are 82 other stocks in this industry. KD outperforms 79% of them.
KD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KD is lagging the market slightly.
KD has an average volume of 1839230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that KD is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KD has an average technical rating and it also does not offer a high 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
28.97
43.89
4 important support areas can be observed.
- A support zone ranging from 38.50 to 38.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.66 from a trend line in the weekly time frame.
- Support @30.73 from a trend line in the daily time frame.
- Support @29.26 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.42 to 43.46. 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 KD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KD is neutral. |
| ChartMill Relative Strength | 89.47 | POSITIVE | KD has a high relative strength, it outperformed 89.47% 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) | UP | MIXED | The current price of KD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.55 | NEUTRAL | The RSI value for KD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests KD has a negative trend. |
| Stochastics (14,3) | 29.73 | NEUTRAL | The Stochastics value for KD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for KD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | NEUTRAL | The ADX value for KD suggests a possible start of a new 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)
39.57
-0.21 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.53%
1 Week-7.18%
2 Weeks-4.56%
1 Month-1.49%
3 Month35.42%
6 Month3.42%
12 Month45.05%
2 Year189.68%
3 Year277.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%3.38%
ATR Inc-6.63%
Range Today0.81
ADR(20)1.27
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.47
Mansfield1.29
10 Day High44.2
10 Day Low39.44
20 Day High44.2
20 Day Low38
52 Week High44.2
52 Week Low21.34
CS1 End38.87
CR1 Start43.42
Volume & EV
DER(3)-2.4%
DER(5)-2.13%
Volume1.67M
Volume Incr-3.55%
Vol(5)1.82M
Vol(50)1.84M