KELLY SERVICES INC -CL B (KELYB)

US4881523074 - Common Stock

22.81  -0.22 (-0.96%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to KELYB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KELYB is only an average performer.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: KELYB has an average volume of 470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
KELYB is part of the Professional Services industry. There are 82 other stocks in this industry. KELYB outperforms 70% of them.
Looking at the yearly performance, KELYB did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
KELYB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KELYB is lagging the market.
In the last month KELYB has a been trading in the 20.03 - 25.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
KELYB Weekly chart
KELYB Daily chart
Setup Rating and Analysis

7

KELYB 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 support zone below the current price at 22.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

15.30

25.25

4 important support areas can be observed.

  • A support zone ranging from 22.15 to 22.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.93 from a trend line in the weekly time frame.
  • Support @17.34 from a trend line in the daily time frame.
  • Support @15.45 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 25.00 to 25.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.16
Mansfield0
10 Day High25
10 Day Low22.05
20 Day High25
20 Day Low20.03
52 Week High26.64
52 Week Low13.64
Performance
1 Week-7.01%
2 Weeks-6.94%
1 Month14.05%
3 Month17.58%
6 Month48.6%
12 Month9.72%
2 Year17.28%
3 Year-11.91%
5 Year-7.58%
10 Year21.98%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.27
RSI(14)52.14
LBB21.98
UBB25.38
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.6022.141.46 (6.17%)16.22%
An entry @23.60. This is a Buy Stop order right above the 10 day moving average.An exit @22.14. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.46 points, which is 6.17%.When investing 16.22% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
KELYB Daily chart

KELLY SERVICES INC -CL B

NASDAQ:KELYB (5/17/2024, 7:09:18 PM)

22.81

-0.22 (-0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.96%
1 Week-7.01%
2 Weeks-6.94%
1 Month14.05%
3 Month17.58%
6 Month48.6%
12 Month9.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%3.72%
ATR Inc
Range Today1.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25
10 Day Low22.05
20 Day High25
20 Day Low20.03
52 Week High26.64
52 Week Low13.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.90K
Volume Incr237.66%
Vol(5)1.30K
Vol(50)470