KEG ROYALTIES INCOME FUND-UT (KEG-UN.CA) Stock Technical Analysis
TSX:KEG-UN - Toronto Stock Exchange - CA4875221042 - Currency: CAD
Taking everything into account, KEG-UN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, KEG-UN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
KEG-UN is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 87% of 17 stocks in the same industry.
KEG-UN 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 KEG-UN is leading the market.
KEG-UN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that KEG-UN is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
KEG-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 18.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.26, a Stop Loss order could be placed below this zone.
More info and screens
13.14
18.56
We found 4 important support areas.
- A support zone ranging from 18.22 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.10 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.84 from a horizontal line in the daily time frame.
- A support zone ranging from 13.27 to 13.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.38 to 18.38. 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 KEG-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KEG-UN.CA is up. |
| ChartMill Relative Strength | 85.83 | POSITIVE | KEG-UN.CA has a high relative strength, it outperformed 85.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KEG-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KEG-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KEG-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.73 | OVERBOUGHT | The high RSI value suggests KEG-UN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests KEG-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.69 | OVERBOUGHT | The high Stochastics value suggests KEG-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for KEG-UN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 57.43 | POSITIVE | The high ADX value value for KEG-UN.CA 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)
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 |
|---|---|---|---|
| 18.39 | 18.21 | 0.18 (0.98%) | 25.00% |
| An entry @18.39. This is a Buy Stop order right above the resistance zone. | An exit @18.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 0.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- The distance between exit and entry is rather small compared to the average daily movement of KEG-UN. 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.
TSX:KEG-UN (5/23/2025, 7:00:00 PM)
18.27
-0.03 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.16%
1 Week-0.54%
2 Weeks1.16%
1 Month29.94%
3 Month26.96%
6 Month20.36%
12 Month29.39%
2 Year18.79%
3 Year13.83%
5 Year120.12%
10 Year-15.1%
15 Year67.77%
Volatility
ATR(14)0.38
ATR(20)%1.64%
ATR Inc-70.67%
Range Today0.13
ADR(20)0.12
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.83
Mansfield2.16
10 Day High18.4
10 Day Low18.05
20 Day High18.4
20 Day Low13.91
52 Week High18.4
52 Week Low12.86
CS1 End18.26
CR1 Start18.38
Volume & EV
DER(3)0.04%
DER(5)0.05%
Volume8.20K
Volume Incr-76.2%
Vol(5)16.94K
Vol(50)35.76K