KIRBY CORP (KEX) Stock Technical Analysis
USA - NYSE:KEX - US4972661064 - Common Stock
Taking everything into account, KEX scores 6 out of 10 in our technical rating. KEX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
KEX has only a medium technical rating, but it does show 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 resistance zone just above the current price starting at 109.93. Right above this resistance zone may be a good entry point.
More info and screens
106.23
We found 1 important support area.
- A support zone ranging from 107.30 to 107.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 109.93 to 110.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @113.71 from a trend line in the weekly time frame.
- 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 | 36.43 | NEUTRAL | KEX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of KEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.72 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests KEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.13 | OVERBOUGHT | The high Stochastics value suggests KEX may be overbought. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 48.08 | 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 |
|---|---|---|---|
| 110.14 | 107.29 | 2.85 (2.59%) | 25.00% |
| An entry @110.14. This is a Buy Stop order right above the resistance zone. | An exit @107.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.85 points, which is 2.59%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
107.49
+0.18 (+0.17%)
KIRBY CORP / KEX FAQ
What is the ChartMill technical rating of KIRBY CORP (KEX) stock?
ChartMill assigns a technical rating of 6 / 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 69.725. 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 0.322576, 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.