AKERNA CORP (KERN) Stock Technical Analysis
NASDAQ:KERN - Nasdaq - US00973W3007 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to KERN. KERN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than KERN.
KERN is part of the Software industry. There are 284 other stocks in this industry, of which 68% are performing better than KERN.
KERN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KERN is lagging the market.
In the last month KERN has a been trading in the 0.22 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
KERN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.30
0.43
When analyzing the support we notice one important area.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.43 from a trend line in the daily time frame.
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 KERN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KERN is neutral. |
| ChartMill Relative Strength | 15.51 | NEGATIVE | KERN has a low relative strength, it was outperformed by 84.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KERN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KERN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KERN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.23 | NEUTRAL | The RSI value for KERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KERN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.4 | NEUTRAL | The Stochastics value for KERN is a neutral value. |
| Average True Range in percent/ATR (20) | 16.46 | HIGH VOLATILITY | The high ATR as a percentage value for KERN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for KERN suggests a weak or negative 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)
0.3136
+0.08 (+36.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg36.94%
1 Week-3.54%
2 Weeks-6.64%
1 Month-8.3%
3 Month25.54%
6 Month-31.69%
12 Month-61.77%
2 Year-98.64%
3 Year-99.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%16.46%
ATR Inc33.39%
Range Today0.07
ADR(20)0.05
ADR(20)%16.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.51
Mansfield-4.72
10 Day High0.4
10 Day Low0.22
20 Day High0.4
20 Day Low0.22
52 Week High1.09
52 Week Low0.17
CS1 End0.3
CR1 Start0.32
Volume & EV
DER(3)-3.85%
DER(5)-7.18%
Volume1.42M
Volume Incr105.09%
Vol(5)579.56K
Vol(50)363.98K