We assign a technical rating of 8 out of 10 to KE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KE is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- KE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. KE outperforms 75% of them.
- KE 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 KE is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that KE is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month KE has a been trading in the 27.50 - 32.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 31.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.45, a Stop Loss order could be placed below this zone.
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26.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.93 to 29.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.31 from a horizontal line in the daily time frame.
- A support zone ranging from 26.73 to 27.05. 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 31.27 to 31.59. 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 KE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KE is neutral. |
| ChartMill Relative Strength | 86.17 | POSITIVE | KE has a high relative strength, it outperformed 86.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.04 | NEUTRAL | The RSI value for KE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests KE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.66 | NEUTRAL | The Stochastics value for KE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for KE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for KE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.19 | 28.92 | 1.27 (4.22%) | 23.72% |
| An entry @30.19. This is a Buy Stop order right above the 10 day moving average. | An exit @28.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.27 points, which is 4.22%. | For a 1.00% total portfolio risk, you can invest 23.72% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
29.62
-1.35 (-4.36%)
KIMBALL ELECTRONICS INC / KE FAQ
What is the technical rating for KE stock?
ChartMill assigns a technical rating of 8 / 10 to KE.
What is the trend direction for KE stock?
The current trend direction for KIMBALL ELECTRONICS INC (KE) is Bullish.
What is the RSI signal for KE stock?
KIMBALL ELECTRONICS INC (KE) has an RSI value of 50.0419. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KIMBALL ELECTRONICS INC?
The short term momentum for KIMBALL ELECTRONICS INC (KE) is neutral.