KIRBY CORP (KEX) Stock Technical Analysis
NYSE:KEX - New York Stock Exchange, Inc. - US4972661064 - Common Stock - Currency: USD
Overall KEX gets a technical rating of 7 out of 10. KEX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KEX is part of the Marine Transportation industry. There are 32 other stocks in this industry. KEX outperforms 87% of them.
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.
When comparing the performance of all stocks over the past year, KEX turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
KEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KEX is lagging the market slightly.
KEX 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 resistance zone just above the current price starting at 108.84. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
89.89
113.94
3 important support areas can be observed.
- A support zone ranging from 107.19 to 107.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 103.27 to 104.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.80 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 108.84 to 110.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @112.81 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for KEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KEX is up. |
| ChartMill Relative Strength | 40.38 | 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 | NEGATIVE | The current price of KEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.63 | NEUTRAL | The RSI value for KEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.93 | NEUTRAL | The Stochastics value for KEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for KEX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for KEX suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 110.26 | 107.18 | 3.08 (2.79%) | 25.00% |
| An entry @110.26. This is a Buy Stop order right above the resistance zone. | An exit @107.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.08 points, which is 2.79%. | For a 0.70% 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.
107.39
+0.2 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.19%
1 Week-2.59%
2 Weeks3.41%
1 Month10.96%
3 Month4.42%
6 Month-16.3%
12 Month-12.26%
2 Year50.07%
3 Year59.03%
5 Year109.42%
10 Year39.99%
15 Year172.36%
Volatility
ATR(14)2.46
ATR(20)%2.6%
ATR Inc4.29%
Range Today3.05
ADR(20)2.41
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.38
Mansfield-0.67
10 Day High110.97
10 Day Low105.05
20 Day High110.97
20 Day Low93.24
52 Week High132.21
52 Week Low83.94
CS1 End107.38
CR1 Start108.84
Volume & EV
DER(3)-4.8%
DER(5)-5.2%
Volume488.10K
Volume Incr-3.55%
Vol(5)498.46K
Vol(50)557.36K