KIRBY CORP (KEX) Stock Technical Analysis
NYSE:KEX • US4972661064
Overall KEX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, KEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- KEX is one of the lesser performing stocks in the Marine Transportation industry. 61% of 35 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that KEX is one of the better performing stocks in the market, outperforming 77% of all stocks.
- KEX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- KEX 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.
KEX has an excellent technical rating and 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 resistance zone just above the current price starting at 130.71. Right above this resistance zone may be a good entry point.
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109.72
3 important support areas can be observed.
- A support zone ranging from 127.09 to 128.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 117.66 to 118.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 110.83 to 110.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 130.71 to 130.95. 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 KEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KEX is up. |
| ChartMill Relative Strength | 77.76 | POSITIVE | KEX has a high relative strength, it outperformed 77.76% 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) | 61.55 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests KEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.45 | OVERBOUGHT | The high Stochastics value suggests KEX may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for KEX suggests a possible start of a new 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 |
|---|---|---|---|
| 130.96 | 127.08 | 3.88 (2.96%) | 25.00% |
| An entry @130.96. This is a Buy Stop order right above the resistance zone. | An exit @127.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.88 points, which is 2.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- 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.
129.8
+0.14 (+0.11%)
KIRBY CORP / KEX FAQ
What is the ChartMill technical rating of KIRBY CORP (KEX) stock?
ChartMill assigns a technical rating of 9 / 10 to KEX.
Can you provide the trend direction for KIRBY CORP?
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 61.5531. This indicates that the stock is currently neutral.
What is the MACD signal for KEX stock?
The MACD indicator for KIRBY CORP (KEX) has a value of 0.395693, indicating a bearish trend.
What is the short term momentum for KEX stock?
The short term momentum for KIRBY CORP (KEX) is positive.