KIRBY CORP (KEX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
Taking everything into account, KEX scores 7 out of 10 in our technical rating. In the last year, KEX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, KEX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 111.00, a Stop Loss order could be placed below this zone.
More info and screens
109.68
We found 1 important support area.
- A support zone ranging from 110.79 to 111.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 112.42 to 112.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @118.48 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for KEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KEX is up. |
| ChartMill Relative Strength | 76.12 | POSITIVE | KEX has a high relative strength, it outperformed 76.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.49 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests KEX has a negative trend. |
| Stochastics (14,3) | 64.45 | NEUTRAL | The Stochastics value for KEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.98 | POSITIVE | The high ADX value value for KEX suggests a strong 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 |
|---|---|---|---|
| 113.00 | 110.78 | 2.22 (1.96%) | 25.00% |
| An entry @113.00. This is a Buy Stop order right above the resistance zone. | An exit @110.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.22 points, which is 1.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The distance between exit and entry is rather small compared to the average daily movement of KEX. 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.
111.01
-1.08 (-0.96%)
KIRBY CORP / KEX FAQ
What is the ChartMill technical rating of KIRBY CORP (KEX) stock?
ChartMill assigns a technical rating of 7 / 10 to KEX.
What is the trend direction for KEX stock?
The current trend direction for KIRBY CORP (KEX) is Bullish.
Can you provide the RSI signal for KIRBY CORP?
KIRBY CORP (KEX) has an RSI value of 59.4871. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KIRBY CORP?
The MACD indicator for KIRBY CORP (KEX) has a value of -0.76926, indicating a bearish trend.
Can you provide the buy/sell signal for KIRBY CORP?
The buy/sell signal for KIRBY CORP (KEX) is buy as both the short term and long term trends are positive.